World-famous economist Prof. Steve Hanke, who introduced the currency board in this country said, in an interview with bTV, that Bulgaria’s accession to the Eurozone will raise the risk of higher inflation.
Prof. Hanke also criticized the way in which the adoption of the euro is being analyzed and pointed out that it was a political decision, adding that that was the old approach by the Borissov government which wanted to do it in secret. Prof. Hanke said further that there has been no cost-benefit analysis of the adoption of the euro for society and for the economy, adding that such an analysis has to be done by the Bulgarian National Bank and the Ministry of Finance.
“Investing in people, education, innovations and technologies is the key to success in the future,” said President Rumen Radev at the opening of the business forum in Singapore, in which representatives of companies from Bulgaria and Singapore are..
“It’s time to lift internal border controls now,” European Commissioner for Home Affairs Ylva Johansson believes. In an interview with RFE/RL she said she was optimistic about Austria’s decision. Asked what the arguments are for blocking the..
The Constitutional Court has opened a case following the request by President Rumen Radev for the amendments to the Constitution, endorsed by the 49 th National Assembly, to be declared unconstitutional. These amendments concern the lifting of the..
The MPs failed to elect a speaker also at their fourth attempt . Of the four candidates, Raya Nazaryan, nominated by GERB - SDS, and Silvi Kirilov -..
Bulgaria has become the first in the EU to have a high-tech artificial intelligence in its own language , created by a state-funded scientific..
According to an analysis by the Electricity System Operator, a shortage of electricity is expected as early as January and February next year. At a..
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