Bulgaria is making efforts to be ready to adopt the euro no later than January 1, 2025, the Ministry of Finance said in connection with media publications related to the topic. The country's preparations and progress towards Eurozone membership were discussed at the meetings of Finance Minister Rositsa Velkova with Eurogroup President Paschal Donohue and European Commissioner Valdis Dombrovskis on April 28 and 29 in Stockholm. They also discussed the country’s budget deficit and ways to curb inflation.
The topic of postponing the introduction of the euro in Bulgaria after 1 January 2025 was not raised, the Finance Ministry noted. The Ministry of Finance considers unacceptable the dissemination of fake news and contradictory messages in the media.
Bulgaria has taken on new foreign debt of 3 billion euro and 1.5 billion US dollars, the Finance Ministry has announced. The triple tranche of Bulgarian bonds has sparked great interest among investors, allowing the country to secure extremely..
The political crisis is not affecting the economy in the short term – within 1-2 years , says Assoc. Prof. Krassen Stanchev from the Institute for Market Economics. “The political crisis is affecting those who are highly regulated – mostly big..
The Council of Ministers has approved a Memorandum of Understanding between the Government of Bulgaria and Smart Solar Technologies AD to implement a priority investment project for a "Solar Panel and Cell Manufacturing Plant." This project will be..
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