Young Bulgarians To The Acting PM: "Just Don't Send Us To Ukraine!"
Acting Prime Minister Dimitar Glavchev has affirmed in an interview with "24 Chasa" that Bulgarian military personnel will not be dispatched to Ukraine in any capacity
Jean-Francois Dauphin, the head of the International Monetary Fund (IMF) mission in Bulgaria, has expressed confidence that Bulgaria's accession to the Eurozone by 2025 is a realistic goal. The IMF's assessment comes as part of its regular evaluation of Bulgaria's economic performance, which forecasts a 2.7 percent growth rate for the country's economy this year.
Dauphin also provided insights into inflation expectations, projecting a rate of 3.5 percent. According to him, Bulgaria's adoption of the euro would mitigate certain risks facing its economy, offering a stable currency framework that could enhance economic stability and facilitate trade within the Eurozone.
One of the IMF's key recommendations for Bulgaria's long-term economic strategy includes the elimination of the maximum insurance threshold and the implementation of a progressive income tax scale. These measures aim to promote fiscal sustainability and equitable distribution of resources within the country.
However, Dauphin cautioned against the rapid growth of loans in the housing segment, highlighting potential risks associated with overheating in the real estate market. Despite these concerns, he commended Bulgaria's efforts in implementing appropriate measures to address these challenges, describing them as prudent and necessary.
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In April, inflation across the European Union remained steady, with both the EU and the Eurozone recording a rate of 2.6% and 2.4%, respectively, according to data from Eurostat, the official statistics agency of the EU
Julian Voinov, an economist and financial expert, expressed optimism regarding Bulgaria's potential adoption of the euro in 2025 or early 2026
This was stated by the Governor of the Bulgarian National Bank at the international conference "Bulgaria in the Eurozone, When?" in Sofia
Former Finance Minister Simeon Dyankov has suggested that Bulgaria's potential entry into the Eurozone may not materialize before 2026
In the initial quarter of 2024, Bulgaria's economy expanded by 0.4%, as per an expedited evaluation by the National Statistical Institute (NSI), a slight deceleration from the 0.5% growth witnessed in the final quarter of the preceding year
According to Levon Hampartzoumian, the likelihood of Bulgaria joining the Eurozone in 2025 is very slim, as no country has ever entered during the middle of the year
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