Is Bulgaria Ready to Join the Eurozone?
Bulgaria's aspirations to become the 21st member of the Eurozone have sparked discussions regarding the country's economic readiness, as well as its political and institutional preparedness
The inflation rate since the beginning of the year (May 2020 compared to December 2019) is -0.6 % and the annual inflation for May 2020 compared to May 2019 stands at 1.3%, Bulgaria’s national Statistical Institute reported on June 15.
The statistics report reduction in the prices of the following food products in May: cereals - by 2.1%, beef - by 2.8%, pork - by 2.5%, cheese - by 0.7%, eggs - by 6.7%, tomatoes - by 4.8%, cucumbers - by 8.9%, cabbage - by 16.8%, peppers - by 15.7%, potatoes - by 5.5%, coffee - by 2.2%, beer - by 1.3%, and others.
The prices of the foolowing products went up: rice - by 1.0%, flour - by 1.1%, bread - by 0.6%, short-lived and durable sausages - by 0.1 and 0.8%, yogurts - by 1.1%, yellow cheese - by 0.7%, apples - by 11.5%, citrus fruits - by 5.3%, sugar - by 1.9%, vinegar - by 1.8%, salt - by 1.5%, mineral water - by 0.7%, carbonated drinks - by 1.4%, brandies - by 0.1%, wines - by 1.0%, and others.
In May, prices of medicines increased by 0.4%. The increase in the prices of dental services is 0.2%./BNT
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
Bulgaria's aspirations to become the 21st member of the Eurozone have sparked discussions regarding the country's economic readiness, as well as its political and institutional preparedness
The European Central Bank (ECB) has weighed in on Bulgaria's draft Law on the adoption of the euro, signaling the need for revisions to ensure alignment with European regulations
A wave of misinformation regarding Croatia's inflation rates has sparked concerns about the potential consequences of adopting the euro in Bulgaria
Artificial intelligence is changing the world’s economic and political landscapes, pushing every country to increase their AI investments.
As the clock ticks down to midnight tonight, Bulgarians are reminded that April 30th marks the final day for filing their 2023 personal income tax returns
Bulgaria's National Bank has disclosed the country's external debt figures, revealing a notable increase in gross foreign debt at the end of February 2024
Sofia Airport's Terminal 3 Construction Set to Begin in Early 2026
COVID-19 Impact: Bulgaria's Grim Milestone as Highest Death Rate in EU