Bulgaria: 2025 Article IV Consultation-Press Release; Staff Report; and Staff Supplement

International Monetary Fund

No 2025/306, IMF Staff Country Reports from International Monetary Fund

Abstract: Bulgaria is approaching a major milestone with the adoption of the euro in January 2026. Euro area accession provides a near-term boost to the outlook and offers an opportunity to reinforce institutions, bolster policy credibility, and raise medium-term growth. In a challenging environment—a minority government is in place since January 2025, following the seventh parliamentary election in four years—the 2025 budget has been approved, the EU Recovery and Resilience Plan (RRP) has been renegotiated, and euro adoption is advancing.

Keywords: south-eastern Europe; currency of Bulgaria; HICP headline inflation; draft budget; staff report; currency practice; Labor markets; Income; Wages; Credit; Global; Eastern Europe; Europe (search for similar items in EconPapers)
Pages: 66
Date: 2025-11-24
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