Bulgaria: country achieves 3% budget deficit

Bulgaria has fulfilled the final requirement for joining the eurozone by meeting the budget deficit criterion. Following the earlier achievement of the inflation target, the last step was to confirm compliance with the EU methodology regarding public finances for 2024. According to preliminary data from Bulgaria’s National Statistical Institute and Eurostat, the country’s general government…

Bulgaria: people’s incomes rise sharply

According to the latest figures from the National Statistical Institute, household incomes and expenses in Bulgaria continued their upward trajectory in 2024. The average total annual income per household member reached 12,857 leva, marking an 18.5% rise compared to 2023. Over the past decade, incomes have grown significantly, increasing 2.6-fold since 2015. Spending has also…