Bulgaria’s Minister of Finance Temenuzhka Petkova announced that Bulgaria is expected to meet the eurozone's price stability criterion again in June. According to Minister Petkova, monthly inflation for June was 0.4% compared to May, when inflation was 0%. From the beginning of 2025 until now, inflation stands at 2.4%, Minister Petkova said.
"Inflation in Bulgaria remains within the price stability criteria", said Bulgarian National Bank Governor Dimitar Radev in an interview with Econostream Media. ''Inflation forecasting in the eurozone remains subject to considerable uncertainty. A temporary undershoot can not be ruled out based on current data, but underlying pressures —particularly from wages and services—remain evident'', Dimitar Radev added, commenting on the situation in Bulgaria and across the eurozone.
Edited by Ivo IvanovPublished and translated by Kostadin Atanasov
Photo: BTA
In the second quarter of 2025, Bulgaria recorded the second-highest GDP annual growth in the European Union with a rise of 3.4% compared to the same period last year, according to Eurostat data. Compared to the previous quarter of 2025, Bulgaria..
Bulgaria’s state budget for 2025 does not add up. “The genie is out of the bottle – the state has never spent at such a pace,” warn financial experts. With only a few months left in the year, and despite the strenuous efforts of institutions such as the..
Bulgaria’s state gas supplier Bulgartransgaz has been “decapitalised” by a contract with Turkish company Botaş, Energy Minister Zhecho Stankov warned on Thursday, saying the deal could also threaten gas supplies to local district heating companies...
Partly Cloudy