Prime Minister Kiril Petkov has reaffirmed the government's commitment to adopting the euro. Petkov told Bloomberg TV Bulgaria that public support for the introduction of the single currency needs to be actively strengthened. "The transition from the Bulgarian lev to the euro must be done carefully and requires a full-scale public information campaign," PM Petkov said. He confirmed the goal of switching to the euro in 2024. About half of Bulgarians believe that the introduction of the euro would have negative consequences, according to a Eurobarometer survey from July 2021.
Petkov also said that Bulgaria was researching the possibility of constructing a new unit in Kozloduy NPP.
The international rating agency Standard & Poor's (S&P Global Ratings) has affirmed Bulgaria's 'BBB/A-2' long-term and short-term foreign and local currency sovereign credit ratings. The rating outlook remains positive. If a stable..
In the next 3 to 5 years, Bulgaria will experience a shortage of more than 250,000 specialists with higher education. For the past 8 years, Bulgaria has missed the opportunity, which a number of EU countries have taken advantage of, to conclude an..
The Governing Council of the Bulgarian National Bank (BNB) has ordered banks in the country to apply a minimum set of 6 indicators for monitoring credit standards when granting and renegotiating loans secured by residential real estate . The aim is to..
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