Bulgaria's economic growth in 2025 double the European average: PM

SOFIA, Dec. 5 (Xinhua) -- Bulgaria's 2025 economic growth has hit twice the European average, the Bulgarian News Agency reported Friday, citing Bulgarian Prime Minister Rosen Zhelyazkov.

The country's economy had grown at rates unseen in recent years, said Zhelyazkov in response to a question from Bogdan Bogdanov, a member of parliament, during a parliamentary questions session.

Bulgaria has recorded a growth of 3 percent, twice the European average, and possibly the second in Europe, he said.

According to macroeconomic forecasts, Bulgaria's gross domestic product (GDP) will remain high and unemployment will steadily decline in 2026, he added.

Under the country's Recovery and Resilience Plan, a record 5 billion BGN (about 2.98 billion U.S. dollars) would be invested in its economy in 2025, most of which had already been allocated so far this year, the prime minister said.

More Athens News

Access More

Sign up for Athens News

a daily newsletter full of things to discuss over drinks.and the great thing is that it's on the house!