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Annual inflation in the eurozone’s 19 countries rose to 9.1%, up from 8.9% in July, according to the latest figures released Wednesday by the European Union statistics agency Eurostat.
Bulgaria relies on imported oil and natural gas (most of which comes from Russia), together with domestic generation of electricity from coal-powered and hydro plants, and the Kozloduy nuclear plant. Bulgaria imports 97% of its natural gas from Russia. [72] The economy remains energy-intensive because conservation practices have developed slowly.
When changing this, also update the reference in Template:Inflation/fn and the latest year in Template:Inflation-year!. Source: Eurostat, HICP - annual data (average index and rate of change); for Euro area (19 countries; 20 countries since 2023) (DOI: 10.2908/prc_hicp_aind)
According to the latest data from Eurostat, Bulgaria's inflation is 2.6% — only 0.1% from meeting the inflation criteria. [88] On 17 January 2025, it was reported that the government is expected to submit a request for an extraordinary convergence report to the European Commission and the ECB within two weeks. [89]
In June 2018, the President of the European Central Bank Mario Draghi said in a letter to MEP Sander Loones that "the ECB has been, from a conceptual point of view, in favour of the inclusion of an owner-occupied housing price index in the HICP" but that such change required an assessment from the European statistics agency Eurostat. [7]
The UK entered a technical recession in the final six months of 2023. [211] [212] Germany's inflation rate reached 11.7% in October 2022, the highest level since 1951. [213] In 2023, Germany fell into recession from January to March due to persistent inflation. [214] In France, inflation reached 5.8% in May, the highest in more than three ...
The National Statistical Institute or NSI (Bulgarian: Национален статистически институт or НСИ) is the Bulgarian state agency responsible for the collection and dissemination of statistical data on the population, economy and environment of the country.
The EU has a long-term budget, named Multiannual Financial Framework (MFF), of €1,082.5 billion for the period 2014–2020, representing 1.02% of the EU-28's GNI. [49]The overall budget for the period 2021-2027 is of €1.8 trillion combining the MFF of €1,074.3 billion with an extraordinary recovery fund of €750 billion, known as Next Generation EU, to support member states hit by the ...