The Organisation for Economic Co-operation and Development (OECD) forecasts an acceleration in Bulgaria's economic growth from 1.8% in 2023 to 2.5% in 2024 and to 2.9% in 2025 as public investment increases along with EU funds. OECD expects inflation..
A little over 1,450 Leva is the sum needed per month by an individual living in a one-person household, and a total of 2,616 Leva for the monthly upkeep of a three-member household - as is the most widespread model in Bulgaria at the moment (two..
The National Statistical Institute (NSI) expects a high evaluation from the inspection of the Organisation for Economic Co-operation and Development (OECD), said NSI President Assoc. Prof. Dr. Atanas Atanasov. A report will be released by the end..
Bulgaria will be able to join the eurozone when it meets the inflation criterion, outgoing finance minister Assen Vassilev said in the National Assembly during a debate on state-owned Bulgarian Energy Holding. Vassilev noted that the outgoing..
The NSI data on inflation in the country are not and cannot be manipulated, as the National Statistical Institute is is subject to monthly inspection by Eurostat. This was stated in Parliament by NSI President Assoc. Prof. Dr Atanas Atanasov. He..
I would not insist on a date, the important thing is that in 2025 Bulgaria will be in the Eurozone and that is realistic. This is how Kristalina Georgieva, the managing director of the International Monetary Fund (IMF), responded at a briefing in Sofia...
Romania expects to enter Schengen by land by the end of the year Romania will join the Schengen area via its land borders by the end of the year, said Romanian Prime Minister Marcel Ciolacu in an interview with local TV station Antenna 3,..
The average annual inflation in Bulgaria will be 3%, according to data of the European Central Bank and the European Commission, said Finance Minister Assen Vassilev, who is in Ghent, Belgium, for the informal meeting of EU economic and financial..
The annual inflation in Bulgaria slowed down significantly in January, 2024, down to 3.8% from 4.7% a month earlier, the National Statistical Institute says. This is the lowest inflation level for the country since August 2021. Month-to-month,..
The cost of living for a three-member family increased by 78 euros year-on-year. A three-member family of two employed people and a child needed EUR 1,307 of net monthly income at the end of 2023. However, two-thirds of Bulgarians receive payments..
