Alarming: Sharp Surge in Bulgaria’s External Deficits Signals Growing Financial Vulnerabilities
In April 2025, Bulgaria recorded a current account deficit of 724.9 million euros, marking the largest monthly shortfall since January 2022
Caretaker PM Georgi Bliznashki will table a draft proposal for the an update of Bulgaria's state budget on Tuesday.
According to Bilznashki this must be priority number one on the agenda of the Mps.
According to the draft, the budget deficit will reach 4% of the country's GDP, or by more than BGN 1 B above the initially provided.
The other two parties in the tripartite council – employers and trade unions - have disagreed with the proposed deficit above 3% of GDP and a new state debt.
As Bulgaria moves steadily toward joining the eurozone on January 1, 2026, following unanimous support from eurozone finance ministers and heads of state in June 2025, waves of disinformation continue to circulate
One of the most debated topics around Bulgaria’s upcoming transition from the lev to the euro is whether the country is giving up its sovereignty
Recent analysis by the financial portal "Moite pari" indicates that interest rates on bank deposits are starting to climb, particularly noticeable among smaller banks over the past year
Inflation in Bulgaria recorded a slight uptick in May 2025
Bulgaria has secured an additional 300 million leva in debt from the domestic market, according to the results of the latest government securities auction held by the Bulgarian National Bank (BNB)
In April 2025, Bulgaria recorded a current account deficit of 724.9 million euros, marking the largest monthly shortfall since January 2022
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