The Organisation for Economic Co-operation and Development (OECD) has revised Bulgaria's economic growth forecasts in its latest World Economic Outlook report, signaling a 1.7% growth rate for 2023, slowing due to external factors, with a projected accele
In recent years, the financial sector has been undergoing significant changes due to widespread digital transformation.
During a parliamentary budget committee meeting, Dimitar Radev, the Governor of the Bulgarian National Bank (BNB), advocated for a strategic fiscal approach, proposing a 10% buffer allocation within the budget for 2024
Deputy Governor of the Bulgarian National Bank (BNB), Andrey Gyurov, has highlighted June as the pivotal month for Bulgaria's Eurozone aspirations
The international rating agency "Standard & Poor's" raised the outlook for Bulgaria's credit rating to positive from stable, the Ministry of Finance announced
Bulgaria's parliament advances changes to the Corporate Income Tax Act during its first reading, aligning with the European Directive aimed at ensuring minimum effective taxation for multinational corporations in the EU single market
Bulgaria's government greenlights the 2024 state budget, securing approval for the medium-term forecast and insurance budgets. Finance Minister Assen Vassilev notes potential revisions if revenues exceed expectations
The Parliament has endorsed key amendments in the tax insurance procedural code, notably slashing the cash payment threshold from BGN 10,000 to BGN 5,000
In a recent meeting between the Economic and Social Council (ESC) representatives and the Bulgarian National Bank (BNB) Governor Dimitar Radev, the ESC reaffirmed its staunch support for Bulgaria's accession to the eurozone by January 1, 2025
The 2024 state budget bill encountered resistance from several social partners on Tuesday, as revealed in a meeting of the National Council for Tripartite Cooperation
The head of Binance, the world's largest cryptocurrency exchange by turnover, has resigned and pleaded guilty to violating US anti-money laundering laws
A significant shift is on the horizon for Bulgaria's financial landscape as the Bulgarian National Bank (BNB) gears up for its integration into the Eurozone by January 1, 2025
Yesterday, at a meeting of the Coordination Council for Bulgaria's preparation for Eurozone membership, the artistic projects for the design of the Bulgarian national side of the euro coins of all denominations
The European Commission's latest autumn economic forecast reveals Bulgaria's anticipated economic slowdown in 2023 and 2024, followed by a predicted rebound in 2025
Central bank digital currencies (CBDCs) have the potential to replace cash, but adoption may take time, said Kristalina Georgieva, managing director of the International Monetary Fund
Annual inflation in Bulgaria slowed down in October to 5.8% from 6.3% a month earlier, according to the data of the National Statistical Institute (NSI)
In today's fast-paced, technology-driven world, businesses are constantly seeking innovative ways to connect with their customers.
For the first time in Bulgaria's economic history, the National Statistical Institute (NSI) has reported that the average gross monthly salary has crossed the BGN 2,000 mark
The Minister of Finance Asen Vassilev presented the draft budget for 2024, which, according to him, allows Bulgaria to meet all the criteria for entering the Eurozone, which is planned for the beginning of 2025
The government adopted an update of the National Plan for the introduction of the euro in Bulgaria
Bulgaria has achieved a significant milestone in its fiscal management by successfully raising an external debt of 2.3 billion euros through two separate issues on international markets
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022
