Bulgaria’s Economic Outlook for 2025: Slower Growth, Moderate Wage Increase, and Controlled Inflation
According to the European Commission's Spring 2025 Economic Forecast, Bulgaria’s economy is projected to grow at a slower pace
The Central Bank of Bulgaria reports deficit of the country’s current balance, amounting to some EUR 254M for March, on surplus of EUR 131M in March 2016, according to BNR.
The trade balance in March was negative to the tune of EUR 343M on deficit to the tune of EUR 221.1M a year earlier.
Direct foreign investments in March declined by no less than EUR 206.2M, on increase of EUR 55.5M a year earlier.
The largest direct net investments through the first three months of 2017 came from Norway (EUR 17.8M), Malta (EUR 15M) and Holland (12.3M).
In recent weeks, Bulgaria has seen a noticeable uptick in demand for euro banknotes
The adoption of the euro in Bulgaria is not expected to cause fast loans to become more expensive
Although converting leva into euros may appear straightforward - just divide by the fixed rate of 1.95583 - reality brings far more complexity
The Bulgarian National Bank will stay the course with its conservative and stability-oriented monetary policy even after the country enters the eurozone
The demand for euros in Bulgaria has surged by about 50%
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