Bulgaria’s Euro Debate: Economist Calls for Addressing Legitimate Public Fears
Economist Georgi Stoev has launched a personal awareness campaign on social media to address concerns about the euro introduction in Bulgaria
Bulgaria’s current and capital account surplus increased to BGN 900.2 M for the first five months of the year equivalent to 1.9% of 2016 GDP forecast, according to preliminary data from the country’s central bank BNB.
This compared with a surplus of EUR 465.8 M (1.1% of GDP) on the current and capital account registered for January – May 2015.
The current account showed a turnaround to surplus of EUR 274.8 M for the first five months of the year, compared with a deficit of EUR 192.1 M for January – May 2015. The capital account recorded a surplus of EUR 625.4 M, compared with a surplus of EUR 657.9 M for January – May 2015.
Bulgaria’s trade balance was negative for January – May 2016 but the deficit decreased to EUR 499.4 M (1.1% of GDP), down from EUR 821.4 M (1.9% of GDP) for the first five months of 2015.
Exports totalled EUR 8.72 B for January – May 2016, decreasing by EUR 243.6 M from a year earlier. Exports grew by 12.4% year-on-year for the first five months of 2015.
Imports decreased by 5.8% year-on-year for the first five months of 2016, reaching EUR 9.22 B. Imports grew by 4.5% year-on-year in January – May 2015.
In January – May 2016, services recorded a surplus of EUR 399.6 M, increasing from EUR 433.4 M for the same period of 2015.
On May 14, 2025, the first conference in Bulgaria fully dedicated to the development and implementation of a Deposit Return System (DRS) was held at the Sofia Balkan Palace Hotel
The European Bank for Reconstruction and Development (EBRD) has introduced its Star Venture programme in Bulgaria
During the Investor.bg Banking Today conference, held on May 13 at the Inter Expo Center, Prof. Raul Eamets emphasized that Bulgaria is practically already linked to the euro due to the currency board
Turkey has significantly increased its natural gas exports, with a notable surge driven by the development of the Sakarya gas field in the Black Sea
Cryptocurrency Monero is the 2nd best performer of all coins listed on CoinMarketCap and the best performer of the top 50 coins, having risen 57% since the turn of the year.
Bulgaria has reported a deflation rate of -0.8% for April 2025, with annual inflation recorded at 3.5%
Google Street View Cars Return to Bulgaria for Major Mapping Update
Housing Prices Soar in Bulgaria’s Major Cities as Demand and Supply Strain Increase