Business » Finance

Sofia Exceeds Average Income Levels in Europe

Sofia, the vibrant capital of Bulgaria, is experiencing a surge in its economic landscape, surpassing the average European standard of living, according to senior researcher Peter Ganev from the Institute for Market Economics

Business » Finance | April 19, 2024, Friday // 10:43 | Viewed: 2287

Bulgaria's Eurozone Entry Postponed: Central Bank Governor and Ex-Economy Minister Sound Alarm

Mounting uncertainty looms over Bulgaria's anticipated entry into the Eurozone, with officials cautioning that the prospect may be delayed amidst persisting inflation challenges

Business » Finance | April 19, 2024, Friday // 08:10 | Viewed: 1994

Bulgarian Household Incomes Offset by Inflation in 2023

According to the latest data released by the National Statistical Institute, Bulgarian household incomes experienced a remarkable surge in 2023, reaching an average of BGN 10,846 per household member.

Business » Finance | April 18, 2024, Thursday // 15:08 | Viewed: 1660

Report Shows Bulgarians Have Doubled Their Wealth in a Decade

The National Statistical Institute's latest report unveils a marginal annual increase in the income of Bulgarians in 2023 compared to their expenses, marking a reversal of the trend observed in 2022

Business » Finance | April 18, 2024, Thursday // 14:40 | Viewed: 1722

Ex-Economy Minister: Bulgaria Unlikely to Enter Eurozone in Early 2025

In a recent interview on Nova TV, former Minister of Economy Bogdan Bogdanov expressed skepticism regarding Bulgaria's prospects of entering the Eurozone at the outset of 2025

Business » Finance | April 18, 2024, Thursday // 12:15 | Viewed: 2001

Bulgarian National Bank Chief Targets 2025 Eurozone Access

The path to Eurozone accession for Bulgaria may see a significant milestone in 2025, albeit not at the outset of the year, according to Dimitar Radev, the governor of the Bulgarian National Bank (BNB)

Business » Finance | April 18, 2024, Thursday // 09:00 | Viewed: 1522

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: 2435

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: 2634

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: 2116

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: 2578

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: 2469

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: 4885

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: 5059

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: 3707

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: 4001

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: 6204

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: 3255

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: 3014

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: 1804

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: 3646

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: 4840
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