Send to Kindle
The Bulgarian National Bank (BNB) has updated its GDP growth forecast for Bulgaria for the 2025–2027 period, showing a more optimistic outlook than its June 2025 projections. The central bank now expects the country’s real GDP to expand by 3.2% in 2025, up from the 2.9% previously forecasted. For 2026 and 2027, BNB anticipates annual GDP growth of 3.1%, compared with the earlier 2.9% estimate for both years.
According to the BNB’s “Macroeconomic Forecast,” private consumption will remain the primary driver of economic expansion. However, the report highlights that subdued external demand for Bulgarian goods and services, coupled with certain domestic factors, will continue to exert downward pressure on growth during the forecast period.
Regarding inflation, the central bank projects that the average annual rate will stay at roughly 3.5% in 2026, similar to 2025, before easing to 3.2% in 2027. This suggests a relatively stable inflationary environment as Bulgaria’s economy continues on a moderate growth trajectory.
Considering the current exchange rate of approximately 1 euro to 1.96 leva, the projected GDP growth reflects a continued strengthening of economic activity in the country, with sustained domestic demand offsetting weaker foreign trade performance.
Outgoing Bulgarian Defence Minister Atanas Zapryanov confirmed that the Bulgarian Army is in the process of transitioning to NATO-standard weapons, a step aimed at modernizing its arsenal.
Transparency International’s Corruption Perceptions Index for 2025 paints a bleak picture, showing that corruption remains entrenched worldwide and that attempts to reduce it have largely failed. The latest findings underline that global levels of corrupt
Ralitsa Asenova, the mother of 22-year-old Nikolay Zlatkov, whose body was discovered in a camper near Okolchitsa Peak alongside Ivaylo Kalushev and a 15-year-old boy, has publicly challenged the official versions announced so far in the investigation.
Tervel Zamfirov returned to Bulgaria a day after winning the country’s first Winter Olympic medal in two decades, a bronze in the parallel giant slalom snowboarding event
In 2025, Bulgarian children faced a sharp rise in online harassment and sexual exploitation, according to data released by the National Center for Safer Internet ahead of International Safer Internet Day
Villages surrounding Plovdiv are increasingly hosting Nepalese workers, brought in by local entrepreneurs to address Bulgaria’s persistent labor shortages.
The first month following the introduction of the euro and the period of dual circulation with the lev has now ended, providing a clearer picture of how the transition is unfolding.
The annual campaign for filing personal income tax returns under Article 50 of the Personal Income Tax Act is underway
The Bulgarian National Bank reported that as of February 6, 2026, the withdrawal of lev banknotes and coins and their replacement with euro cash is progressing in line with the applicable legislation and the operational plans approved for the transition.
From February 1, 2026, Bulgaria officially completes its transition to the euro, which now serves as the country’s sole legal currency.
Bulgaria is facing rising living costs, with service prices still climbing, according to economists. Authorities have already flagged the most frequent violations of the Law on the Euro since the start of the year, largely in the form of unjustified incre
Bulgaria is moving forward with the transition to the euro, preparing to produce its first euro banknotes under the quota assigned by the European Central Bank.
Novinite 2025 in Review: A Year That Tested Bulgaria and the World
A Disgraceful Betrayal: Bulgaria's Shameful Entry into Trump's Board of Peace
