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Bulgaria's 2025 Budget Draft: Eurozone Aspirations vs. Fiscal Realities
Huge increases in projected expenditures face unclear sources of revenues.
Bulgaria’s 2025 Budget: We Have a Problem
Instead of voting for more populism-driven spending, parliament has to consider unpopular measures to tighten state finances
Rising Wages, Lagging Productivity: The End of Bulgaria’s Cheap Labor Advantage
Income growth in Bulgaria outpaces labor productivity by far, signaling the end of the low-cost labor model
Bulgarian economy losing steam
GDP growth stands at 1.8% y/y in the second quarter, with consumption remaining the primary driver
Bulgaria's 2023 Budget: Salary Increases for Public Sector Workers
Following an 11-hour session, Parliament approved various new expenditures, focusing on salary hikes.
Budget plan 2023: More VAT revenue, less capital spending to contain budget deficit at 3%
Finance Minister Assen Vassilev presented the framework of his plan for the state finances, which should be ready at the beginning of July
Bulgarian economy: the start of a slowdown
The main growth drivers reached an inflection point in Q1 2023
Revising the budget: everyone gets what they want
The first revision of this year’s budget has become a money grab amidst economic and political uncertainty
Blockchain tourists
The Bulgarian company LockTrip raised a 4.1 million dollars investment from Australian tourism giant Webjet
Five forecasts for Bulgaria’s housing market in 2022
Most expectations are for more of the same, but rising interest rates and soaring prices of construction materials might cool down the sector
18 steps to government: What did the parties decide after a week of negotiations?
Cabinet talks led by election winner We Continue the Change run smoother than the previous two attempts, but difficult steps still have to be taken
Seven reasons why Bulgaria’s economic growth slowed down
The statistics office reported a surprisingly low 0.4% GDP growth rate in the third quarter of 2021