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.
Bulgaria will assist Ukraine in the process of rebuilding its energy infrastructure. This was announced after a meeting between Bulgaria’s Energy Minister Vladimir Malinov and Ukraine’s ambassador to Bulgaria Olesya Ilashchuk. “Deepening..
The Parliamentary Committee on Tourism has adopted at first reading the Bill for Amendments to the Foreigners in the Republic of Bulgaria Act, submitted by Manoil Manev and Temenuzhka Petkova from the GERB-SDS parliamentary group, which..
The leader of GERB, Boyko Borissov, announced that a second "assemblage" with "We Continue the Change - Democratic Bulgaria" after the elections cannot exist. In response to a journalist's question regarding an accusation made by..
On Saturday, minimum temperatures in the country will be between 5 and 10°C, around 5°C in Sofia. The morning will be sunny. In the afternoon it will be..
Ground forces military personnel destroyed an unexploded ordnance found yesterday in Vazrazhdane residential area of Sofia, the press service of the..
Conditions for mountain hiking are good until midday, with the exception of the Balkan Range, where there will be fog and rain, the Mountain Rescue..
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