Bulgaria is making good progress toward joining the Eurozone, as inflation is decreasing towards the threshold set by the criteria, European Bank for Reconstruction and Development President Odile Renaud-Basso said in an interview with BTA.
The economy, in general, continues to grow at a solid pace compared to the rest of the EU, said Odile Renaud-Basso, recalling the bank's forecast for Bulgaria’s GDP growth of 2.4% in 2025. The EBRD President also highlighted the vulnerabilities stemming from changes in the global environment, including trade tensions.
Odile Renaud-Basso discussed with President Rumen Radev the promotion of investments and the expansion of transport and energy connectivity. She is visiting Sofia in the context of the preparation of the EBRD’s new five-year strategy for the country.
The European Bank for Reconstruction and Development has more than doubled its investments in Bulgaria in 2024 to EUR 272 million.
The Bulgarian National Bank (BNB) has again reduced the key interest rate in the country . As of May 1, it will now be 2.24 percent. The decrease compared to April is 0.15%, when it was 2.39 percent. This is the eighth consecutive month of a decrease in..
An analysis by the Ministry of Economy and Industry shows that in 2024, Bulgaria's trade with the United States accounted for 1.7% of the country’s total trade volume, with exports to the U.S. making up 2.6% of total exports and imports from the U.S...
Around 4 billion euros in debt have been raised from international markets through two bond issues, market analysts confirmed to BNR. The amount was raised through issues of 9-year and 13-year bonds – marking the country’s first entry into the..
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