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Yesterday, the European Central Bank published an economic newsletter warning of the deteriorating risks to the global economy.
It states that personal consumption in the world is good because of a stable labor market. But in the second quarter of this year, the fall in the manufacturing activity index will have a negative impact on the outlook for individual consumption. At the same time, due to increased uncertainty and tighter financing conditions, there has been a stagnation in global investment growth.
The bulletin also states that continued uncertainty is hampering the development of the euro area, especially the growth of the manufacturing sector.
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The leader of GERB, Boyko Borissov, has raised concerns over the depletion of Bulgaria's fiscal reserves in the final days of the regular government's administration
The newly appointed Acting Deputy Prime Minister and Minister of Finance, Lyudmila Petkova, has reaffirmed the country's commitment to joining the Eurozone, the Organization for Economic Co-operation and Development (OECD), and achieving full-fledged Sche
The Ministry of Finance in Bulgaria has revised its inflation predictions for the year 2024, slashing them by half compared to previous estimates
In a press briefing on Tuesday, Finance Minister Assen Vassilev shared insights into the upcoming Cabinet rotation, expressing expectations of limited changes
Bulgaria is on a tight five-month deadline to fulfill the prerequisites necessary to join the eurozone by January 2025, revealed Deputy Minister of Finance Ivaylo Yajdjiev on January 19
European Central Bank (ECB) Governor Christine Lagarde suggested on Wednesday that the ECB might implement interest rate cuts in the summer
In a recent report by the National Statistical Institute, Bulgaria's annual inflation rate for March witnessed a notable deceleration, settling at 3% compared to the previous month's figure of 3.0%
As Bulgaria grapples with a deepening political crisis and the looming specter of early elections, the economic ramifications are starkly evident
Bulgaria's aspirations to join the Eurozone in 2025 face significant hurdles as economic slowdown and political uncertainty pose formidable challenges, according to a recent analysis by the World Bank
Many Bulgarians living and working abroad are actively purchasing properties in their homeland
In a significant move toward Bulgaria's integration into the Eurozone, the European Commission (EC) has pledged support for the country's efforts to promote the adoption of the euro
As Bulgaria gears up to join the Eurozone, citizens are voicing their concerns and expectations regarding the transition
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022
