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

_IMF Staff Country Reports, November 24, 2025_

## Source details

**Canonical URL:** [Bulgaria: 2025 Article IV Consultation-Press Release; Staff Report; and Staff Supplement](https://www.imf.org/en/publications/cr/issues/2025/11/21/bulgaria-2025-article-iv-consultation-press-release-staff-report-and-staff-supplement-571994)

## Other formats

- [Markdown version](/en/publications/cr/issues/2025/11/21/bulgaria-2025-article-iv-consultation-press-release-staff-report-and-staff-supplement-571994/index.md)
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## Bibliographic details
- Published: November 24, 2025
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9798229031165.002

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### Summary and key messages
- 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,
  - raise medium-term growth.
- Political context: a minority government is in place since January 2025, following the seventh parliamentary election in four years.
- Policy developments: the 2025 budget has been approved, the EU Recovery and Resilience Plan (RRP) has been renegotiated, and euro adoption is advancing.

### Economic subjects and focus areas
- Subject: Credit, Income, Labor, Labor markets, Money, National accounts, Wages
- Keywords: Credit, currency of Bulgaria, currency practice, draft budget, Eastern Europe, Europe, Global, HICP headline inflation, Income, Labor markets, south-eastern Europe, staff report, Wages

### Publication and document specifics
- Publication title: Bulgaria: 2025 Article IV Consultation-Press Release; Staff Report; and Staff Supplement
- Publication date: November 24, 2025
- Series: Country Report No. 2025/306
- Volume: 2025
- Issue: 306
- Pages: 66
- DOI: https://doi.org/10.5089/9798229031165.002
- Stock No: 1BGREA2025001
- ISBN: 9798229031165
- ISSN: 1934-7685

*International Monetary Fund. Bulgaria: 2025 Article IV Consultation-Press Release; Staff Report; and Staff Supplement (Country Report No. 2025/306), November 24, 2025.*

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_Source: https://www.imf.org/en/publications/cr/issues/2025/11/21/bulgaria-2025-article-iv-consultation-press-release-staff-report-and-staff-supplement-571994_