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.
At the start of the harvest season, Yanislav Yanchev, the Deputy Minister of Agriculture , predicted that the wheat would be of good quality. The country continues to maintain a stable position as a grain producer. The domestic market is secure and..
The base interest rate in Bulgaria is decreasing to 1.91% as of July 1, announced the Bulgarian National Bank. The base interest rate is dropping by 0.16% compared to the previous month, when it stood at 2.07%. Thus, the base interest rate will be..
In 2025, Bulgarian tourism maintains sustainable growth despite global challenges. According to analysts, a record number of foreign visitors is expected in the coming months as a result of stable international markets and the..
This year will be the last in which Bulgarians receive their income in leva. In what currency will people declare their money to the tax authorities..
Partly cloudy, chance of rain
Clear
Partly Cloudy
sunshine, cloud, rain and thunder