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National Statistical Institute reports Gross Domestic Product growth

In the first quarter of 2023, gross domestic product (GDP) grew by 2.3% compared to the first quarter of 2022 and by 0.5% compared to the fourth quarter of 2022 on a seasonally adjusted basis, National Statistical Institute (NSI) reported. In the first quarter of 2023, GDP output amounted to...
National Statistics: Over 75% of people find it difficult to cover daily expenses
National Statistics: Over 75% of people find it difficult to cover daily expenses
A National Statistical Institute (NSI) survey shows that more than 75% of respondents had difficulties covering their daily expenses in the first three months of the year. The data are from a...
Bulgaria's central bank: Foreign direct investment up by nearly 10%
Bulgaria's central bank: Foreign direct investment up by nearly 10%
Foreign direct investment grew by nearly 10%, Bulgarian National Bank (BNB) reported for the first quarter of 2023. Will the trend of the last decade of a low share of foreign companies acquiring...
Profit of banks in Bulgaria increased by over 60% in a year
Profit of banks in Bulgaria increased by over 60% in a year
The profit of the banking system in Bulgaria increased by 61.5% to BGN 1 billion in the first four months of the year in coparison with the same period of 2022, data of the Bulgarian National Bank...
Bulgaria’s utilities regulator cuts natural gas price by 15.2% for June 2023
The Energy and Water Regulatory Commission approved the natural gas price for June at BGN 65.82/MWh, excluding access, transmission, excise and...
BGN 70 m wastewater treatment plant starts operating in Plovdiv
The wastewater treatment plant in Bulgaria’s second largest city of Plovdiv has received Certificate of Commissioning, Deputy Mayor Plamen...
Central Bank: Bulgaria is on the final stretch on the road to the Eurozone
Bulgaria is on the home straight on the road to the euro area, Iliya Lingorski from the Bulgarian National Bank’s Governing Council said on...
Caretaker cabinet proposes to the Parliament to extend the 2022 budget
The caretaker Government proposes to the National Assembly, on the basis of Art. 87, para. 1 of the Constitution of the Republic of Bulgaria, to...
MoF financial survey: Interest rates on loans will continue to rise
MoF financial survey: Interest rates on loans will continue to rise
Financial intermediaries expect a slight improvement in the assessment of the current economic...
Ministry of Finance: If no new budget or extension after June 10, state can only spend as much as it collects
Ministry of Finance: If no new budget or extension after June 10, state can only spend as much as it collects
If there is no budget adopted for the year or a new extension of last year's budget after June...
Tax authorities included the socialist party in the list of largest debtors
Tax authorities included the socialist party in the list of largest debtors
The National Revenue Agency (NRA) has included the Bulgarian Socialist Party (BSP) in the list...
"Vazrazhdane" demands the resignation of the Central Bank's governor
"Vazrazhdane" demands the resignation of the Central Bank's governor
“Vazrazhdane” party has demanded the resignation of Bulgarian National Bank’s...
Bulgaria's central bank: Technical preparation on the adoption of the euro continues
Bulgaria's central bank: Technical preparation on the adoption of the euro continues
The Bulgarian National Bank (BNB) has no formal justification and has not suspended the...
Is the Bulgarian economy facing a recession?
Is the Bulgarian economy facing a recession?
Bulgaria's gross domestic product grows by 2% a year. This is the slowest annual growth for the...
NSI reports decline in inflation and GDP growth
NSI reports decline in inflation and GDP growth
The quarterly average total income per person in a household in the first quarter of 2023 is BGN...
EC approves EUR 26.5 mln in state aid for "Bulgarian Posts"
EC approves EUR 26.5 mln in state aid for "Bulgarian Posts"
The European Commission on May 16 announced that it has approved EUR 26.5 million in state aid...
EU spring 2023 forecast projects Bulgaria’s economic growth this year at 1.5%
EU spring 2023 forecast projects Bulgaria’s economic growth this year at 1.5%
The European Commission raised its forecast for euro zone growth in 2023 by 0.2 percentage...
Growth of the average wage by over 17% in one year reported by NSI
Growth of the average wage by over 17% in one year reported by NSI
The average gross monthly wage for March was 1,953 BGN, according to national statistics data....
Country's fiscal reserve dwindles, parties in dispute over Budget 2023
Country's fiscal reserve dwindles, parties in dispute over Budget 2023
The fiscal reserve is melting, the budget revenues are decreasing, caretaker Finance Minister...
MoF: Bulgaria prepares to adopt the euro on 1 January 2025 at the latest
MoF: Bulgaria prepares to adopt the euro on 1 January 2025 at the latest
Bulgaria is making efforts to be ready to adopt the euro no later than January 1, 2025. The...
Bulgarian National Bank takes measures to tighten lending
Bulgarian National Bank takes measures to tighten lending
The Bulgarian National Bank (BNB) adopted amendments to Ordinance No 21 on minimum required...
The amount of Azeri gas to Eastern and Central Europe will be increased by the end of the year
The amount of Azeri gas to Eastern and Central Europe will be increased by the end of the year
By the end of the year, the amount of natural gas from Azerbaijan to Eastern and Central Europe...
Bulgarian National Bank foresees accelerated increase in interest rates in the coming months
Bulgarian National Bank foresees accelerated increase in interest rates in the coming months
The process of rising interest rates in the country will accelerate in the coming months, the...
Bulgaria to sign memorandum on security of gas supplies from Azerbaijan
Bulgaria to sign memorandum on security of gas supplies from Azerbaijan
Bulgaria, Romania, Hungary and Slovakia sign a memorandum with Azerbaijan on security of natural...
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