Bulgaria Officially Adopted the National Plan for Introduction of the Euro in 2024
“A number of legislative changes are forthcoming, including an amendment to the BNB Act and public discussions before that”, the Deputy Prime Minister specified
“A number of legislative changes are forthcoming, including an amendment to the BNB Act and public discussions before that”, the Deputy Prime Minister specified
On Thursday, Bitcoin was down 1.1%, ending the day at around $29.5K, despite a buoyant stock market performance
The President of the European Bank for Reconstruction and Development (EBRD), Odile Renaud-Basso, will visit Bulgaria on 30 May 2022.
Analysts at Goldman Sachs said on Wednesday they were lowering their GDP forecast for China to 2022 to 4% from a previous 4.5% expansion estimate
Inflation for April compared to March was 2.5 percent, according to the National Statistical Institute. Inflation since the beginning of the year (April 2022 compared to December 2021) is 7.8 percent, and annual inflation for April 2022 compared to April
The growth of the Bulgarian economy will slow down to 2.1% in 2022 and 3.1% in 2023. This is stated in the spring economic forecasts of the European Commission, released on Monday
In Bulgaria, expenditures in the first quarter of this year increased by an average of 13.3% and incomes increased by an average of 9.6%
In the last half-year, the phrase "galloping inflation" has been persistent. It is used not only by opposition politicians in their efforts to accuse the Bulgarian government of failing to address the issues but also by business representatives who are pu
Bulgaria's exports in March broke all-time records. This is shown by the data on the foreign trade of our country of the National Statistical Institute
The COVID supplement of BGN 60 for pensioners will be reformulated as an anti-inflationary supplement and will be extended until the end of the year. The measures for the high electricity prices continue for May
“Bulgaria will adopt the euro on January 1, 2024, as decided by the previous government.” This was announced by Deputy Prime Minister and Minister of Finance Asen Vassilev and Minister of Innovation Daniel Lorer.
Only two months after its latest forecast for the Bulgarian economy, the European Bank for Reconstruction and Development published a new, even more pessimistic assessment
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Wall Street stock markets suffered heavy losses during trading yesterday, erasing the solid gains from the previous day that followed the regular meeting of the Federal Reserve.
The Russian ruble reached a two-year high against the dollar and the euro today, mostly due to strict capital controls in the country and despite the announced next package of EU sanctions, Reuters reported, quoted by BTA.
The EURUSD has been hovering around 1.05 for the fourth day in a row, which is the last round level point before moving towards parity
The decision to pay for Russian gas in rubles was intended as a measure against sanctions imposed on Russia
The Turkish lira rose 3.3% against the euro in April due to the latter’s weakness. However, a monthly close near 14.82 for USDTRY would be another all-time high, as the lira has little to counter the strengthening dollar.
The price of gas in May in Bulgaria will be equal to that on European stock exchanges. There, blue fuel is traded for about 100 euros, which means that the increase will be about 35% in May compared to the price in April
The World Bank predicts the strongest price crisis in 2022 since the 1970s due to jumps in the price of energy, metals and food. This is stated in the new Commodity Market Outlook.
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