Business » Finance

Banking and Government Leaders Rally for Bulgaria's Eurozone Entry

Amidst discussions about Bulgaria's journey towards joining the Eurozone, Deputy Governor of the Bulgarian National Bank (BNB), Petar Chobanov, highlighted the robustness of Bulgaria's banking system, stating it aligns closely with Eurozone standards

Business » Finance | April 17, 2024, Wednesday // 15:23 | Viewed: 1346

IMF Director Urges Bulgaria Not to Miss Euro Adoption Chance

In a recent interview with BTA, Kristalina Georgieva, Managing Director of the IMF, emphasized the importance for Bulgaria to seize the opportunity to adopt the euro, stressing that it is achievable with the right political will

Business » Finance | April 16, 2024, Tuesday // 17:01 | Viewed: 1764

BNB: Bulgaria's GDP to Rise by 2.2% in 2024, with Average Annual Inflation at 3%

In its latest macroeconomic forecast released on Tuesday, the Bulgarian National Bank (BNB) anticipates a 2.2% increase in Bulgaria's Gross Domestic Product (GDP) for the year 2024, compared to 1.8% in 2023

Business » Finance | April 16, 2024, Tuesday // 16:35 | Viewed: 1551

Insights into Bulgaria's Banknote Circulation Trends Before Eurozone Entry

As Bulgaria inches closer to potential entry into the Eurozone, a closer examination of the nation's banknote circulation provides valuable insights into its monetary landscape

Business » Finance | April 16, 2024, Tuesday // 15:19 | Viewed: 1904

Bulgaria's Inflation Slows to 3% in March, Marking Lowest Rate Since July 2021

In a recent report by the National Statistical Institute, Bulgaria's annual inflation rate for March witnessed a notable deceleration, settling at 3% compared to the previous month's figure of 3.0%

Business » Finance | April 15, 2024, Monday // 12:34 | Viewed: 2090

Bulgaria's Road to Eurozone Stalled: Political Crisis Inflicts Billion-Lev Blow

As Bulgaria grapples with a deepening political crisis and the looming specter of early elections, the economic ramifications are starkly evident

Business » Finance | April 15, 2024, Monday // 09:04 | Viewed: 4425

World Bank Warns: Bulgaria's Eurozone Accession at Risk!

Bulgaria's aspirations to join the Eurozone in 2025 face significant hurdles as economic slowdown and political uncertainty pose formidable challenges, according to a recent analysis by the World Bank

Business » Finance | April 13, 2024, Saturday // 16:43 | Viewed: 4834

Most Bulgarians Living Abroad Invest in Property Purchases in Their Homeland

Many Bulgarians living and working abroad are actively purchasing properties in their homeland

Business » Finance | April 12, 2024, Friday // 16:38 | Viewed: 3462

European Commission Partners with Bulgaria to Promote Euro Adoption

In a significant move toward Bulgaria's integration into the Eurozone, the European Commission (EC) has pledged support for the country's efforts to promote the adoption of the euro

Business » Finance | April 12, 2024, Friday // 15:15 | Viewed: 3729

Bulgarians Demand Ban on 'Mixed Change' Amid Eurozone Transition Talks

As Bulgaria gears up to join the Eurozone, citizens are voicing their concerns and expectations regarding the transition

Business » Finance | April 10, 2024, Wednesday // 14:14 | Viewed: 6022

Bulgaria Appoints New Director for Customs Agency in Government's First Decision

Marking the inaugural decision of Bulgaria's new caretaker government, the Customs Agency welcomes a new director, as announced by acting Finance Minister Lyudmila Petkova

Business » Finance | April 10, 2024, Wednesday // 09:24 | Viewed: 3179

Bulgaria's New Finance Minister Prioritizes Eurozone and Full Schengen Membership

The newly appointed Acting Deputy Prime Minister and Minister of Finance, Lyudmila Petkova, has reaffirmed the country's commitment to joining the Eurozone, the Organization for Economic Co-operation and Development (OECD), and achieving full-fledged Sche

Business » Finance | April 9, 2024, Tuesday // 13:42 | Viewed: 2937

Gold Prices Reach New High Amidst Fed Rate Cut Speculation

Gold prices surged to a new all-time high of 2,353 USD per ounce during early trading on Monday, continuing a rapid ascent witnessed over the past two weeks

Business » Finance | April 8, 2024, Monday // 12:28 | Viewed: 1783

Eurozone Entry for Bulgaria Faces Challenges Amid Government Uncertainty

Concerns loom over Bulgaria's potential entry into the eurozone as the nation grapples with political instability in the months ahead

Business » Finance | April 4, 2024, Thursday // 09:00 | Viewed: 3624

Escaping the Stigma: Bulgaria's Bid to Shed Its 'Poorest' EU Status

Bulgaria is on the brink of shedding its label as the "poorest" country in the European Union, with recent data revealing a promising trajectory towards economic convergence

Business » Finance | April 3, 2024, Wednesday // 16:10 | Viewed: 4828

Stability in Bulgaria's Unemployment Rate Amid Consistent Figures Across the EU

Recent data released by the European Statistics Office Eurostat shows that the unemployment landscape in the European Union (EU) remained stable in February, with the unemployment rate holding steady at 6 %

Business » Finance | April 3, 2024, Wednesday // 15:44 | Viewed: 3255

Bulgaria's Ministry of Finance Forecasts Halved Inflation Rates for 2024

The Ministry of Finance in Bulgaria has revised its inflation predictions for the year 2024, slashing them by half compared to previous estimates

Business » Finance | April 2, 2024, Tuesday // 16:17 | Viewed: 2962

Bulgaria's Housing Market Surges as Banks Inject Billions in Credit

Bulgarian banks have injected approximately 3.7 billion in additional credit resources into the housing market over the past year alone, with a staggering total of over 8 billion in the last three year

Business » Finance | April 2, 2024, Tuesday // 13:38 | Viewed: 5791

High Marks for Bulgaria and NRA from The OECD Global Forum

In an important stride towards global transparency and cooperation in tax matters, Bulgaria has received a laudable rating of Largely Compliant from the OECD Global Forum on Transparency and Exchange of Information for Tax Purposes (GFTEITP)

Business » Finance | April 1, 2024, Monday // 15:43 | Viewed: 3610

Bulgarian Economists: No EU Country Has Entered The Eurozone With Minimum Wage Below 500 Euros!

As Bulgaria grapples with economic challenges, economists highlight the country's lagging position in the European Union, particularly in terms of purchasing power

Business » Finance | April 1, 2024, Monday // 15:38 | Viewed: 4318

Bulgaria's Path to Eurozone Entry: Finance Minister Asserts Caretaker Government's Role

Bulgaria's Finance Minister, Assen Vassilev, asserts that Bulgaria can attain Eurozone membership by 2025, with the caretaker government capable of steering the nation towards this goal

Business » Finance | April 1, 2024, Monday // 10:28 | Viewed: 3665
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