Inflation Rises Slightly in Bulgaria, Falls Across the Eurozone
Inflation in Bulgaria recorded a slight uptick in May 2025
‘’Accession to the Eurozone remains top priority for Bulgaria’’, Finance Minister Vladislav Goranov said at a conference for the 25th anniversary of the Association of Commercial Banks in Bulgaria, according to BNR.
‘’I heard an interesting announcement from Commissioner Moscovici that an unconventional proposal to the countries outside the Eurozone was in the pipeline. I am looking forward to it with interest, because Bulgaria is one of the countries outside the Eurozone. We are convinced that this is the only natural course of the Bulgarian monetary policy’’, he pointed out.
Vladislav Goranov confirmed that from 15 September teachers will receive a pay rise. After that a new method will be used to evaluate the results of their work.
Bulgarian National Bank Governor Dimitar Radev also confirmed accession to the Eurozone as an ultimate goal but added that before that there were tasks that Bulgaria should reform.
Bulgaria has secured an additional 300 million leva in debt from the domestic market, according to the results of the latest government securities auction held by the Bulgarian National Bank (BNB)
In April 2025, Bulgaria recorded a current account deficit of 724.9 million euros, marking the largest monthly shortfall since January 2022
With Bulgaria set to adopt the euro on January 1, 2026, questions are surfacing about whether the country might face financial risks similar to those that led to Greece’s debt crisis
The introduction of dual pricing in leva and euro is progressing smoothly and, in some cases, even ahead of the planned timeline in Bulgaria
Annual inflation in Bulgaria accelerated slightly in May, reaching 3.7%
E-signatures have transformed document signing, offering many benefits over traditional paper signatures.
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