Bulgarian National Bank to Launch First Euro-Denominated Gold Coins in 2026
The Bulgarian National Bank (BNB) will begin issuing commemorative coins in euros starting next year
Foreign direct investment (FDI) into Bulgaria dropped by 46.1% year-on-year in the first ten months of 2016, the country's central bank BNB has said, citing preliminary data.
Over that period, FDI decreased by EUR 806.2 M to EUR 942 M. Last year, the respective value was EUR 1.7483 B.
The FDI figure for January-October 2016 was equivalent to 2.1% of GDP forecast for the year by the BNB.
Equity investment by non-residents fell by EUR 668.2 M year-on-year, reaching EUR 302.8 M in January-October.
Real estate investment of non-residents slightly decreased to EUR 53.3 M for the first ten monts of 2016, compared to EUR 52.7 M in the same period of last year. The largest inflow of real estate investment came from Switzerland – EUR 22.7 M (42.6% of the total amount), Russia (EUR 6.4 M, or 12%) and Norway (EUR 6.1 M, or 11.5%), the BNB says [PDF].
Reinvestment of earnings dropped to an estimated EUR 594.2 M for the first half of 2016, compared with EUR 635.7 M a year earlier.
The Bulgarian National Bank (BNB) will begin issuing commemorative coins in euros starting next year
The European Council's decisions from July 8, 2025, marked the final approval for Bulgaria to adopt the euro as its official currency starting January 1, 2026
The Bulgarian National Bank (BNB) projects that Bulgaria’s real GDP will continue expanding steadily over the coming years
Two leading global credit rating agencies, Fitch Ratings and S&P Global Ratings, have raised Bulgaria’s long-term foreign currency credit rating to ‘BBB+’ with a stable outlook, marking the highest level in the medium investment-grade tier
The adoption of the euro inevitably brings a degree of unease and uncertainty, much like the introduction of the currency board in the 1990s
Loan interest rates in Bulgaria are expected to stay stable even after the transition to the euro
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