On January 1, 2024, Bulgarians will most likely shop using euros, the governor of the Bulgarian National Bank Dimitar Radev predicts, quoted by Bloomberg TV Bulgaria. The country's entry into ERM 2 will accelerate the process of convergence of the Bulgarian economy and that of the Eurozone and reaching incomes close to those in the Central European countries, Radev says. Interest rates in 2021 will remain at the same levels as in 2020.
Against the backdrop of the pandemic crisis, the situation in the banking sector is not worse than that before the crisis. The banking sector had been well prepared, the central bank had taken measures totaling more than 4.5 billion euros, while the banks themselves have been acting wisely and forming reserves to help them meet the risks in 2021, the banker said.
Greece’s Minister of Defence Nikos Dendias announced that Greece, Bulgaria and Romania are to establish a military mobility corridor in NATO’s Eastern flank. “Today my Bulgarian and Romanian counterparts, Mr. Atanas Zaprianov and Mr. Angel..
The parliamentary group of the Movement for Rights and Freedoms (DPS) has excluded 17 MPs. Among them is the co-chairman Dzhevdet Chakarov. The decision was read in the plenary hall by the Deputy Speaker of the National Assembly,..
We discussed how to make NATO stronger, focusing on the collective, while at the same time strengthening the defense of each member country, caretaker Prime Minister Dimitar Glavchev said. He added that in the discussions in..
The start of the major repair of the Danube Bridge near Ruse is the reason for a serious conversation about the connectivity between..
The Chairman of the GERB-SDS Parliamentary group, Boyko Borissov, sent an official refusal to the Movement for Rights and Freedoms (DPS) and confirmed..
During a discussion with US President Joe Biden at the 75 th anniversary NATO summit in Washington DC, Bulgaria’s caretaker Prime Minister Dimitar..
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