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Bulgaria is at one of the leading positions in Central and Eastern Europe in macroeconomic stability, but needs reforms, said Guillermo Tolosa, the IMF representative to Bulgaria and Romania, quoted by the BTA wire service.
“There is enough proof for the close relation between reforms and convergence, even if the effect of the reforms is not immediately visible,” Tolosa said.
Tolosa and James Roaf, IMF Senior Regional Resident Representative for Central and Eastern Europe presented in Sofia IMF's publication “25 Years of Transition: Post-Communist Europe and the IMF”.
During the presentation Roaf, who was IMF Resident Representative in Bulgaria in the early 2000's, noted that the CEE countries who made serious structural reforms in the 1990's had already recovered and their economies are developing faster.
“It is apparent that those countries who made reforms earlier and were braver, are rewarded with faster recovery and the average income there is already catching up with that of the western countries,” Roaf said.
Annual inflation in Bulgaria accelerated in March to 4.1% on a yearly basis, up from 3.3% in February, according to National Statistical Institute data
Political analysts suggest that the outcome of Hungary’s recent elections could resonate in Bulgaria ahead of its own vote, potentially shaping voter behavior and political positioning
Bulgaria is not currently facing a measles outbreak, but declining vaccination coverage is raising concerns about a potential epidemic, Acting Health Minister Assoc. Prof. Mihail Okoliyski said in an interview with BNT
Bulgarian authorities have blocked the entry of more than 370 tons of food products from non-EU countries over the course of roughly one month, following inspections at the Union’s external borders
Speaking at a public meeting in Pazardzhik, “We Continue the Change” leader Asen Vassilev warned that a new external shock linked to Iran could trigger another major economic crisis, with direct effects on energy prices, food costs and vulnerable househol
Speaking in Asenovgrad, the leader of “Progressive Bulgaria” Rumen Radev said that a high voter turnout could fundamentally reshape the political landscape, arguing that mass participation would lead to the removal of Boyko Borissov and Delyan Peevski fro
The Bulgarian National Bank (BNB) has decided to increase the countercyclical capital buffer to 2.25%, in a move aimed at easing pressure on the rapidly growing housing credit market and strengthening the resilience of the banking system.
Energy expert Boyan Rashev has warned that Europe could be moving toward what he described as an “energy lockdown” scenario if fuel supply pressures continue to worsen
Fuel prices in Bulgaria have continued to edge upward, with diesel and gasoline both registering increases in the days following the Easter holiday
Bulgaria’s tourism sector has never been stronger and has been achieving steady growth for the past few years.
Industrial output in Bulgaria posted a modest monthly increase in February 2026, but continued to decline sharply on an annual basis, according to preliminary, seasonally adjusted data from the National Statistical Institute.
The president of the Confederation of Bulgarian Trade Unions, Plamen Dimitrov, has warned that inflation in Bulgaria is likely to exceed earlier projections, even if fuel prices begin to decline
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