The euro area annual inflation rate was 2.5% in January 2025, up from 2.4% in December 2024. In Bulgaria, it accelerated more sharply in January to 3.8% from 2.1% a month earlier, reaching the highest level in 12 months (since January 2024, when it rose by 3.9%).
After the data was released, Democratic Bulgaria MP Martin Dimitrov said at a briefing with journalists that Bulgaria has "huge chances" to join the eurozone, "unless the government plays a double game and sabotages itself". He called on the government to request an extraordinary convergence report from the European Commission and to launch an informational campaign on the euro in response to the disinformation in society regarding the introduction of the single currency in Bulgaria.
A Bulgarian company is expanding its production of laser cutting machines in the Sofia-Bozhurishte Industrial Park, the Ministry of Economy announced. The investment is worth 2 million leva (over 1 million euros). The company will build a new..
The tariffs imposed on European goods by the Trump administration are expected to have both direct and indirect effects on Bulgarian exports. The Ministry of Economy and Industry has calculated the direct impact at €468 million, while..
The Celestial Empire, the “world’s factory”—that is China, the globe’s second-largest economy. The Asian powerhouse is actively expanding its economic reach worldwide, with the Belt and Road Initiative as the apogee of these efforts, through which..
Bulgaria will receive EUR 7.4 million in aid from the European Commission to support farmers affected by adverse production conditions in recent months,..
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