Unemployed and youths from social institutions who have graduated from school will have access to allowances to be able to pay for rent, kindergarten and nursery school and internet access, if they start work at a distance longer than 50 km from home. This is according to a bill of amendments to the Employment Encouragement Act prepared by the Ministry of Labor and Social Policy. The subsidy will be paid for no longer than 12 months provided the unemployed have found a permanent job in the private sector. The measure seeks to encourage unemployed persons to look for jobs outside the town or village where they live, as well as to support families in underdeveloped regions.
An online currency converter is now available on the official website for the introduction of the euro in Bulgaria: evroto.bg. Following the official announcement of the exchange rate of 1.95583 leva to one euro, the calculator has been made easily..
The EU's Economic and Financial Affairs Council (ECOFIN) has allowed Bulgaria and 14 other EU countries to exceed their budget limits in order to boost defence spending . This will enable the countries to take on additional debt for defence purposes...
The European Commission (EC) has published its sixth annual Rule of Law Report , which covers the 27 EU member states and four candidate countries. The report notes legislative progress in Bulgaria during the Zhelyazkov cabinet's term, the..
With 531 votes in favour, 69 against and 79 abstentions, the European Parliament approved Bulgaria's accession to the eurozone on 1 January 2026...
During its plenary session in Strasbourg today, the European Parliament is scheduled to vote on Bulgaria’s accession to the eurozone on 1 January 2026...
The EU Council on Economic and Financial Affairs (ECOFIN) unanimously approved the final three acts enabling Bulgaria’s accession to the eurozone...
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