Wow Moment for Bulgaria! Nikola Tsolov Wins His First Formula 2 Race
Bulgarian racing talent Nikola Tsolov opened the 2026 Formula 2 season with a major achievement, taking victory in the main race at the Albert Park circuit in Melbourne
The Managing Director of the International Monetary Fund, Kristalina Georgieva, emphasized that Bulgaria’s economy continues to perform strongly despite ongoing political uncertainty. In an interview with BNT, she warned that the country must avoid letting its budget deficit grow and urged both caretaker and regular governments to adopt careful fiscal policies.
Georgieva noted that Bulgaria is already reaping benefits from joining the eurozone, although she stressed that it is still too early to assess the full impact on inflation, which remains a concern for citizens. Drawing on experiences from other recent eurozone entrants, she said that one-off inflation effects typically ranged between 0.1% and 0.3%, and the situation in Bulgaria should become clearer in the coming months.
Overall, her assessment highlights cautious optimism: the economy is stable and growing, but fiscal discipline and careful monitoring of inflation will be essential to sustain this positive trend.
Bulgaria’s economy expanded by 3.0% in the fourth quarter of 2025 compared to the same period in 2024, according to preliminary figures from the National Statistical Institute. On a quarterly basis, seasonally adjusted data indicate a growth of 0.8% relat
Bulgaria has effectively completed the transition period for adopting the euro, though formal legal adoption remains pending
Bulgarian National Bank Governor Dimitar Radev took part in a meeting of EU Heads of Mission held under the European Presidency of the Republic of Cyprus
As of February 27, 2026, the withdrawal of leva banknotes and coins and their replacement with euro cash is proceeding under the established legal framework and operational plans, the Bulgarian National Bank (BNB) reported.
Bulgaria’s external debt reached just over €25.37 billion at the end of 2025, Acting Finance Minister Georgi Klisurski reported
At a session of the Council of Ministers, the government approved a draft law amending and supplementing the existing budget extension legislation, the acting Minister of Finance Georgi Klisurski announced.
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