Institute of Market Economy

Petar Ganev, an economist from the Institute of Market Economy, discussed Bulgaria's readiness for joining the Eurozone in an interview with BNR, noting that the upcoming regular convergence report will likely indicate the country is not prepared.

In Bulgaria, the search for skilled professionals continues to be a pressing concern, with machine operators, tailors, and cooks emerging as the most sought-after professionals with vocational qualifications.

Recent figures from Eurostat, cited by the Institute for Market Economy, highlight Bulgaria's progression to 62% of the average European income and standard of living. This updated data for 2022 reflects a 12% growth over the past five years, signaling a positive trend for the country's economic standing.