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.
Since the beginning of the current year, Bulgaria has experienced record heat waves, a series of devastating fires, and a new disaster just days ago – catastrophic floods that claimed human lives . Climate change already has its price – and it is..
Bulgaria will receive EUR 7.4 million in aid from the European Commission to support farmers affected by adverse production conditions in recent months, European Commissioner for Agriculture and Food Christophe Hansen told BTA and clarified that the..
In its "Economic Freedom of the World, 2025" ranking , the Canadian Fraser Institute gives Bulgaria a score of 7.13 out of a maximum of 10 points. This places the country 56th out of 165. It ranks between Greece and Thailand. In 2024, Bulgaria was 52nd..
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