In October 2021, the annual inflation in Bulgaria reached 6%, while the monthly inflation reached 1.8 percent in comparison to September, according to the National Statistical Institute. In August the annual inflation was 3.7%.
At the same time, on the day after the election, the caretaker government offered to sell another 250m euros in new domestic debt in the form of government securities. For the first time this year, the Ministry of Finance is offering securities with a maturity of 3.5 years, after it became clear in recent months that 5 and 10.5-year securities were becoming more expensive. The new debt since the beginning of the year has reached 1.4 billion euros with a limit of 2.25 billion euros set in the state budget.
“Bulgaria’s accession to the euro area will have a positive impact on the economy, the people, the business sector and the whole country”, said Minister of Economy Petar Dilov in an interview with public service broadcaster BNT. ''On January 1,..
The Association of Bulgarian Tour Operators and Travel Agents (ABTTA) expects tourism growth in Bulgaria to slow down due to the unfavourable economic situation in many of its source markets. It is not yet clear what effect Bulgaria's accession to the..
The expected adoption of the single European currency from January 1, 2026 is one of the many topics dividing society. In addition to being a cause for political quarrels, the euro is also a cause for concern among some Bulgarian..
Partly Cloudy
Clear