Central Bank Revises Up Growth Forecast for 2024, Scales Down Inflation Estimates for 2024-2026

Business 28 November 2024 23:15

The Bulgarian National Bank (BNB) on Thursday revised up its economic growth forecast for the country for 2024 and scaled down its annual-inflation estimates for 2024, 2025 and 2026. The changes are reported in the central bank’s updated macroeconomic forecast published on its website, CE Report quotes BTA

The BNB expects that Bulgaria’s gross domestic product (GDP) will grow by 2.2% in 2024, which is 0.1 percentage points higher than the June 2024 forecast. In 2025, GDP will grow by 2.7%, not 3.2% as predicted last time. The forecast for 2026 is now 3.4%, up by 0.5 percentage points.

Tags

Passenger Traffic at Greek Airports Hits Record High in 2024

25 December 19:30

Passenger traffic at Greek airports has reached unprecedented levels in the first 11 months of 2024, setting a new annual record before year-end, according to the Civil Aviation Authority (CAA).

Hungary's MOL Reportedly Bidding for Lukoil Neftohim, Bulgarian Energy Minister Comments

23 December 23:55

Caretaker Energy Minister Vladimir Malinov stated on Monday that the Bulgarian government is closely monitoring the potential sale of Lukoil Neftohim but cannot directly intervene in the ownership transfer process, as the refinery is majority-owned by private shareholders.

Moldova Launches Contest for ANRE Director Positions

23 December 17:00

Radu Marian, chairman of Moldova's parliamentary commission on economy, budget, and finance, announced a contest to select candidates for the position of director on the Board of Directors of the National Agency for Energy Regulation (ANRE).

Greek Tourism Revenues Expected to Surpass €20 Billion in 2024

23 December 16:00

Tourism Minister Olga Kefalogianni announced that Greek tourism revenues are projected to exceed €20 billion in 2024.

Holiday Shopping Season Expected to Break Records with Extended Hours

23 December 10:00

The holiday market is in full swing as Christmas and New Year's approach, with traders predicting a turnover exceeding €4 billion—surpassing last year's figures.

Greece’s Economy: GDP Growth and Inflation Projections for 2024-2027

20 December 23:55

Greece’s GDP is projected to grow by 2.3% in 2024, accelerate to 2.5% in 2025, and then gradually decrease to 2.3% in 2026 and 2.0% in 2027, according to the Bank of Greece (BoG).

Moldova to Prioritize Domestic Renewable Energy Consumption Starting 2025

20 December 21:00

Starting January 1, 2025, Moldova will implement a mechanism allowing Energocom to prioritize purchasing renewable energy on the market to address domestic deficits.

Central Bank Revises Up Growth Forecast for 2024, Scales Down Inflation Estimates for 2024-2026

Tags

Related articles

Most read

Press Releases

Features