"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.
In 2022, 2.78% of the population in Bulgaria was experiencing water shortages (drought), mainly on a seasonal basis. The most affected districts are Lovech (24.9%), Targovishte (19.0%), Blagoevgrad (14.8%) and Pernik (12.9%), according to the National..
The Ministry of Finance has drafted a law on crypto-assets markets to regulate trading in this type of instruments, BNR’s Radio Sofia reports. The initiative comes in response to the European Markets in Crypto-Assets Regulation (MiCA) which comes..
In 2023, farming products and food accounted for 47% of Bulgaria’s total exports to China. With regard to these exports in 2022 and 2023, Bulgaria occupies first place among the countries of Central and Eastern Europe . This transpired during a..
As the snap election draws nearer, GERB leader Boyko Borissov called for shared responsibility with the other political forces. This took place at a..
Any action that creates conditions for stigmatisation of a group of people, persecution, division and hatred in society is contrary to all the leading..
23 August is a day of commemoration of the victims of the crimes committed by the national socialist, communist and other totalitarian regimes...
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