The draft act on the euro is in the final stage of preparation, Governor of the Bulgarian National Bank, Dimitar Radev, told BTA on the sidelines of the Annual Meeting of the World Bank and the International Monetary Fund in the Moroccan city of Marrakech.
In order for the law to be adopted, however, Bulgaria must first receive confirmation for its entry into the Eurozone from January 1, 2025, Finance Minister Assen Vassilev, who also participated in the meeting, pointed out.
"The law is purely technical – it reads that in all laws the currency is changed from lev to euro. This was also done in Croatia,” Vassilev also said. The minister is optimistic that this country will become part of the Eurozone on January 1, 2025.
An average of seven unemployed people are competing for one job across the country in 2024, according to the National Employment Agency. The unemployment rate in Bulgaria remained at 5.2% in October The strongest competition is in the..
Sofia will welcome the Christmas and New Year holidays with brilliant decorations in all areas of the city. A major highlight in the transformation of the capital will be the beautiful Christmas trees placed in key locations. The tallest among..
Overnight it will be mostly clear. Winds will weaken and die down in many areas. In the morning it will be cold, with minimum temperatures between minus 7 and minus 2°C, reaching minus 10°C in the valleys and around minus 9°C in Sofia. Tomorrow will be..
The Institute for Computer Science, Artificial Intelligence and Technology at Sofia University "St. Kliment Ohridski has made available for free use the..
Overnight it will be mostly clear. Winds will weaken and die down in many areas. In the morning it will be cold, with minimum temperatures between minus..
Rumen Radev's visit to Vietnam began with a meeting with the community of Vietnamese citizens who have studied and worked in Bulgaria - representatives..
Mostly Cloudy
Partly Cloudy