Bulgaria is making efforts to be ready to adopt the euro no later than January 1, 2025, the Ministry of Finance said in connection with media publications related to the topic. The country's preparations and progress towards Eurozone membership were discussed at the meetings of Finance Minister Rositsa Velkova with Eurogroup President Paschal Donohue and European Commissioner Valdis Dombrovskis on April 28 and 29 in Stockholm. They also discussed the country’s budget deficit and ways to curb inflation.
The topic of postponing the introduction of the euro in Bulgaria after 1 January 2025 was not raised, the Finance Ministry noted. The Ministry of Finance considers unacceptable the dissemination of fake news and contradictory messages in the media.
After the election for parliament on 27 October, the caretaker government has to submit a draft of a budget for 2025 to parliament by the end of the month. Some economic analysts say the budget of the country for 2024 is the worst in the past decade. Holes..
Bulgaria's economy will grow by 2.3 per cent this year. This is according to the latest World Economic Outlook prepared by the International Monetary Fund and presented today in Washington. This is down from the Fund's April estimate, which predicted that..
In 2023, the government budget deficit was 2% of GDP or €1.9 billion. This is indicated by the final data of the National Statistical Institute. This is a significant narrowing of the budget deficit compared to the previous 3 years...
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