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.
In 2024, Bulgaria's exports of goods to third countries decreased by 5.1% compared to 2023, amounting to EUR 15.4 billion (30 114.9 million BGN), according to data from the National Statistical Institute (NSI). Bulgaria's main trading partners..
It is extremely concerning that the largest company in Bulgaria, Lukoil Neftohim, which is part of the country's critical infrastructure, is still in the hands of a country that has declared Bulgaria a hostile state. This opinion was shared by energy..
“The divergence between the monetary and the fiscal policy pursued by the government continues to be the main reason why Bulgaria does not meet all criteria yet for entering the Eurozone,” Lyubomir Karimansky, member of the Governing Council of the..
Tourism is one of the sectors in Bulgaria ready to the greatest extent to smoothly continue working after Bulgaria joins the Еurozone , the executive..
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