Financial Expert's Projections: If Inflation Continues to Fall Bulgaria Can Adopt the Euro in 2025
Julian Voinov, an economist and financial expert, expressed optimism regarding Bulgaria's potential adoption of the euro in 2025 or early 2026
The consumer price index for April 2017 compared to March 2017 is 100.7%, i.e. the monthly inflation is 0.7%. Inflation since the start of the year (April 2017 compared to December 2016) is 1.5%, while the annual inflation for April 2017 compared to April 2016 is 2.6%, the Bulgarian National Statistical Institute (NSI) announced.
The average annual inflation for the period May 2016 – April 2017, compared to the period May 2015 – April 2016, is 0.2%.
The Harmonized Index of Consumer Prices for April 2017 compared to March 2017 is 100.5%, i.e. the monthly inflation is 0.5%.
Inflation since the start of the year (April 2017 compared to December 2016) is 0.6%, while the annual inflation for April 2017 compared to April 2016 is 1.7%. The average inflation for the period May 2016 – April 2017, compared to the period May 2015 – April 2016, is minus 0.5%.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
Julian Voinov, an economist and financial expert, expressed optimism regarding Bulgaria's potential adoption of the euro in 2025 or early 2026
This was stated by the Governor of the Bulgarian National Bank at the international conference "Bulgaria in the Eurozone, When?" in Sofia
Former Finance Minister Simeon Dyankov has suggested that Bulgaria's potential entry into the Eurozone may not materialize before 2026
In the initial quarter of 2024, Bulgaria's economy expanded by 0.4%, as per an expedited evaluation by the National Statistical Institute (NSI), a slight deceleration from the 0.5% growth witnessed in the final quarter of the preceding year
According to Levon Hampartzoumian, the likelihood of Bulgaria joining the Eurozone in 2025 is very slim, as no country has ever entered during the middle of the year
According to Dimitar Radev, the Governor of the Bulgarian National Bank (BNB), Bulgaria will not meet all the requirements for joining the Eurozone by the time the convergence report is released in June
Sofia Airport's Terminal 3 Construction Set to Begin in Early 2026
COVID-19 Impact: Bulgaria's Grim Milestone as Highest Death Rate in EU