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Bulgaria’s external debt reached just over €25.37 billion at the end of 2025, Acting Finance Minister Georgi Klisurski reported during parliamentary oversight. Over the course of the year, the country’s obligations abroad grew by nearly €7.3 billion, pushing the ratio of external debt to GDP up from 17% to 21%.
Minister Klisurski stressed that maintaining financial stability is essential for the proper functioning of public services, including healthcare, education, and the justice system, particularly as Bulgaria continues its transition toward adopting the euro.
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
One week after the start of the US and Israeli strikes against Iran, the effects are already visible on global oil markets. The escalation quickly influenced trading on international exchanges, where crude oil prices reacted to the rising uncertainty surr
The skier who struck 16-year-old Bulgarian snowboarder Malena Zamfirova at the Czech resort of Špindlerův Mlýn was not under the influence of alcohol, Czech police confirmed
Airspace above Sofia’s Vasil Levski Airport was temporarily shut down on Saturday after security systems detected a drone in the vicinity of the capital’s main aviation hub
The Confederation of Independent Trade Unions in Bulgaria (CITUB) has announced plans for a series of mass protests over budget-sector salaries, more than two months after the adoption of the extension budget
Iran does not view Bulgaria as a potential target and has no hostile intentions toward the country, according to the Ambassador of the Islamic Republic of Iran to Sofia, H.E. Ali Reza Irvash
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.
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.
The Coordination Center for the Euro Adoption Mechanism held its regular briefing yesterday, highlighting that the process of adopting the euro in Bulgaria is progressing smoothly. One of the central points of discussion was the current inflation situatio
Bulgaria has successfully collected the majority of its national currency.
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