The ratio of government debt to gross domestic product (GDP) in EU countries rose to 81.8% at the end of the first quarter of 2025, up from 81% at the end of the fourth quarter of 2024. This is according to the latest data published today by the European statistical agency Eurostat. Bulgaria recorded the lowest government debt-to-GDP ratio among EU countries at 23.9%. Compared to the fourth quarter of 2024, Bulgaria’s ratio decreased by 0.2 percentage points.
Citizens should remain calm about the introduction of the euro in Bulgaria from January 1, 2026, as the Bulgarian National Bank and commercial banks are ready for all processes related to the currency conversion and distribution of euro banknotes. This..
Bulgaria’s Ministry of Finance has published the draft state budget in euros for 2026. The country’s GDP is projected to reach EUR 120.1 billion, with an economic growth rate of 2.7%. Planned revenues amount to EUR 51.436 billion, or 42.8% of GDP...
In 2024, 8.2% of people aged 18 or over who declared to be at work (either employed or self-employed) in the EU were at risk of poverty, according to data from Eurostat, cited by the BNR's Horizont channel. In Bulgaria, this share reached 11.8%. The..
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