Bulgaria's Business Sector Prepared for Euro, Inflation Remains Low
A large part of the Bulgarian business sector is well-prepared for the euro changeover
According to a recent sociological survey by "Trend," GERB maintains a strong lead with 26.6% of voter support, significantly ahead of its competitors. "We Continue the Change-Democratic Bulgaria" (WCC-DB) follows with 13.2%, while "Revival" holds a slightly lower 13%. DPS-New Beginning secured the fourth spot at 10.3%, with the Democracy, Rights, and Freedoms (DPS) party, led by Ahmed Dogan, at 7.1%.
The survey also highlights a slight decline in support for the Bulgarian Socialist Party (BSP) and "There Is Such a People" (TISP) compared to the October 2024 elections. The BSP currently holds 6.9% of the vote, while TISP has 5.9%. Meanwhile, the MECH party saw a small increase to 5.6%. The "Greatness" party, however, remains close to the parliamentary threshold at 3.8%, according to the sociologists.
In terms of government approval, the initial support for the Rosen Zhelyazkov administration stands at 32%, a figure reminiscent of the early months of Kiril Petkov's government in 2022. Notably, 29% of respondents remain uncertain about their stance on the new cabinet. Support for Zhelyazkov's government is strongest among GERB voters, with over 90% backing the administration. Support is also strong among BSP and TISP sympathizers, with 80% and 66%, respectively, expressing positive views of the cabinet.
While the public’s outlook has slightly improved since the formation of the new government, economic concerns dominate. Nearly half of respondents (44%) indicated that controlling price increases should be a top priority for the government. The financial stability of the country is a major concern, with 83% of respondents expressing worry, and only 11% remaining unconcerned. Moreover, expectations for worsening economic conditions increased from 26% in December to 35% in January, and optimistic economic outlooks fell to 20%.
Alongside concerns about the economy, 19% of respondents identified the adoption of a national budget as a key priority for the government, with 16% highlighting the need for anti-corruption measures. Judicial reform and eurozone accession were noted by a smaller proportion, at 6% and 4%, respectively.
The survey also revealed a slight increase in the public's positive assessment of the presidential institution, with approval rising to 41% compared to 36% at the end of last year. Despite a high level of disapproval toward parliament, the approval rating showed a slight improvement, with negative assessments decreasing by 8% to 75%, while positive views increased by 4% to 15%. The survey, commissioned by "24 Chasa," was conducted from January 24 to 30, 2025, and included 1,003 respondents aged 18 and older.
Source: Trend
Bulgarian military personnel took part in NATO's "Coalition Warrior Interoperability Exercise" (CWIX) 2025, held from June 2 to 20 in Bydgoszcz, Poland
The head of the National Revenue Agency (NRA), Rumen Spetsov, addressed concerns about inflation, stressing that the data he shared regarding price increases of between 5% and 40% on certain products over a two-week period were preliminary and not yet ful
Prime Minister Rosen Zhelyazkov emphasized that joining the Eurozone represents a significant honor for Bulgaria during the opening of the National Discussion
GERB leader Boyko Borissov declared Bulgaria’s readiness to play an active role in Ukraine’s reconstruction efforts
With the backing of 122 MPs, Bulgaria’s Parliament has passed a decision compelling the parliamentary group “Democracy, Rights and Freedoms” – the DPS associated with Ahmed Dogan – to change its name within three days
Bulgaria has temporarily evacuated its diplomatic mission from Tehran due to heightened security concerns in the Iranian capital
Borderless Bulgaria: How Schengen Benefits Are Transforming Trade and Logistics
Bulgaria's Mortality Rate Remains Highest in Europe