Ministry of Finance: The Fiscal Reserve of Bulgaria is Decreasing
At the beginning of the year, the fiscal reserve was BGN 11.9 billion, of which BGN 10.8 billion was in BNB (Bulgarian National Bank) accounts
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Business » Finance
The Law on the Adoption of the Euro will be submitted to the Bulgarian Parliament soon
The law on the adoption of the euro will be submitted to the National Assembly within a month, announced Deputy Minister of Finance Metodi Metodiev
Ministry of Finance: Bulgaria is preparing to Adopt the Euro on January 1, 2025 - At the Latest!
Bulgaria is making efforts to be ready to accept the euro no later than January 1, 2025
The Credits of Bulgarians are 34 Billion Leva - Mortgages continue to Grow
At the end of March 2023, the deposits of the non-governmental sector in Bulgaria were close to BGN 119 billion (67.3 percent of GDP), and their annual increase was 13.1 percent
The Bulgarian National Bank puts a brake on Lending - The Goal is to reduce Inflation
The Bulgarian National Bank (BNB) has taken measures to restrict lending and control the growth of inflation
The Bulgarian National Bank foresees an Accelerated Increase in Interest Rates
The process of raising interest rates in Bulgaria will accelerate in the coming months, the BNB predicts in the traditional publication "Banks in Bulgaria"
Bulgaria’s Parliament will violate the Constitution if it Allows a Referendum on the Euro
The referendum, which was initiated by the pro-Russian party "Vazrazhdane" to postpone the adoption of the euro, cannot be held legally, if we speak in the field of law
Bulgaria has the Second Highest Hourly Wage Growth in the EU
In 2022, the average hourly wage in the entire EU economy was 22.9 euros, and in the Eurozone - 25.5 euros, according to data released today by the European statistical service Eurostat
In 2022: Annual Revenues in Bulgaria Grew by 16.9% and Expenses by 19.1%
In 2022, the average annual income per person in a household is BGN 9,008 and it increased by 16.9% compared to 2021
Bulgaria: Slowdown of Annual Inflation to 14%
In March, annual inflation in Bulgaria slowed down to a 12-month low of 14.0% compared to 16.0% in February, according to the data of the National Statistical Institute
The IMF Halved its Expectations for the Growth of the Bulgarian Economy in 2023
Bulgaria's economy will grow by 1.4 percent this year, after 3.4 percent growth in 2022
Bulgaria’s Ministry of Finance predicts a Slowdown in Economic Growth to 1.8% this year
The Bulgarian economy will slow its growth to 1.8 percent this year, according to the spring macroeconomic forecast of the Ministry of Finance
Bulgaria's External Debt Jumped to 45.1 Billion Euros
The gross external debt at the end of January 2023 amounted to nearly 45.1 billion euros
Bulgaria: Revenue Growth of nearly 13%
The receipts in the National Revenue Agency as of March 17, 2023 are over BGN 6.4 billion,
Vestbee launches New Program to Support Cleantech Startups
The program aims to support startups that develop impactful tech solutions, accelerate the cleantech sector and make a real impact on the world’s energy industry
Bulgarian Finance Minister: Next Year the Minimum Wage should become BGN 940
Starting next year, the minimum wage is expected to reach BGN 940 (EUR 480) per month
Bulgarian National Bank: Incompetent and Irresponsible Statements! Changing the BGN-EUR Exchange Rate is Impossible
The BNB defines such statements as incompetent and irresponsible
Bulgaria’s Finance Minister: There is No Risk of Bankruptcy
There is no risk of bankruptcy of the state, nor of the intervention of the International Monetary Fund and the need to take out new debt
Bulgaria’s Finance Ministry will propose Budget 2023 with a 3% Deficit, Tax Changes and Spending Cuts
The Ministry of Finance is preparing a draft Budget 2023 with a deficit of 3%, tax changes and cutting some expenses. This became clear at a briefing by Acting Finance Minister Rositsa Velkova
Ministry of Finance: Bulgaria is facing Bankruptcy, there is Risk for the Fixed BGN-EUR Exchange Rate
Bulgaria is threatened with bankruptcy. There is a serious problem in maintaining fiscal stability
Slowdown of Annual Inflation in Bulgaria to 16% in February
In February, annual inflation in Bulgaria slowed down to a 9-month low of 16.0% compared to 16.7% in January
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