"I hope that Bulgaria will join the Eurozone on January 1, 2025", caretaker Deputy Prime Minister for EU Funds Management Atanas Pekanov said before an expert debate in Sofia themed "Is Bulgaria Ready for the Eurozone?". It is just a matter of time for Bulgaria to meet the technical and inflation criteria, said Deputy Premier Pekanov.
“Bulgaria has been a member of the EU for 15 years and Bulgarian citizens and businesses often do their transactions abroad and use the euro”, said Atanas Pekanov. In his words, more than EUR 1.5 billion is sent from abroad to Bulgaria, but part of the money is lost during the currency conversion. 45% of Bulgaria's exports are to the euro area, 35% of imports are from the euro area, Deputy Premier Pekanov explained. "The Bulgarian economy is moving with that of the euro area, which means that we are ready to adopt the euro as soon as possible", Atanas Pekanov concluded.
The second payment from the EU under the National Recovery and Resilience Plan of 653 million euros will certainly be refused, even though Bulgaria has implemented 85% of the reforms undertaken to this stage. This was stated at a briefing by Deputy..
The situation with freedom in the world is deteriorating, and authoritarianism is increasing, according to the annual ranking of the non-governmental organization "Freedom House" , which monitors the state of democracy around the world. The countries..
Ukrainian citizens living in the region of Plovdiv will be able to renew their documents for temporary protection in Bulgaria at six points in Plovdiv, the Plovdiv Regional Police Directorate announced. The Bulgarian government has extended the..
According to data from Eurostat, Bulgaria has met the final criterion for joining the eurozone, namely price stability, Minister of Finance Temenuzhka..
On Tuesday , the minimum temperatures in Bulgaria will be between minus 5 and 0°C, in the northeast - as low as minus 11°C. In Sofia, it will be around..
“There is no change, Bulgarian troops are not going to be sent to Ukraine,” said PM Rosen Zhelyazkov in a comment about the meeting between US..
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