Assessment of the Bulgarian Economy Degree of Convergence with the Economies of the EU Member States in the 2004-2016 Period

In this article, an analysis has been made of the degree of convergence of the Bulgarian economy to the European economy, assessing the nominal convergence – price stability, long-term interest rates, exchange rate stability and government budget position, real convergence – price levels, GDP per capita and labour productivity, other relevant factors, such as balance of payments, trade integration of the country with the euro area and financial integration, compatibility of the national legislation. Major economic indicators for Bulgaria in the 2004-2016 period have been examined.