The economies of the 27 EU countries contracted at a record high in the first quarter of 2020 by 3.3%. Only 9 countries show a small growth. Among them is Bulgaria with a 2.4% increase in GDP compared to the same period in 2019, Eurostat reported.
Compared to December 2019, only the economies of Finland, Bulgaria and Romania have a growth of 0.3 percent.
According to national statistics, Bulgaria has a weaker growth in the first quarter compared to the same period in 2019. Then GDP growth was 3.1%, while in 2020 it was 2.4%. The sharp slowdown is due to the decline in final consumption, which began before the Covid-19 pandemic, according to the National Statistical Institute.
Before approving Bulgaria's accession to the eurozone by an absolute majority, the European Parliament in Strasbourg rejected a request by a Vazrazhdane MEP for the vote to be postponed. The request was tabled by Rada Laykova, a member of the Europe..
With 531 votes in favour, 69 against and 79 abstentions, the European Parliament approved Bulgaria's accession to the eurozone on 1 January 2026. This paves the way for the Council of the EU to grant final approval for the country's entry into the..
In 2024, the average price of arable land transactions in Bulgaria reached 1,697 BGN (867.66 EUR) per decare. Compared to the previous year, the price of arable land increased by 5.9%, indicate data from the National Statistical Institute (NSI)...
With 531 votes in favour, 69 against and 79 abstentions, the European Parliament approved Bulgaria's accession to the eurozone on 1 January 2026...
The EU Council on Economic and Financial Affairs (ECOFIN) unanimously approved the final three acts enabling Bulgaria’s accession to the eurozone...
The EU's Economic and Financial Affairs Council (ECOFIN) has allowed Bulgaria and 14 other EU countries to exceed their budget limits in order to boost..
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