Caretaker Deputy Prime Minister and Finance Minister Lyudmila Petkova, Vice President of the European Commission Valdis Dombrovskis and European Commissioner for Economy Paolo Gentiloni signed, in Luxemburg, a partnership agreement between the European Commission and Bulgaria for organizing an information campaign on Bulgaria’s changeover to the euro.
“It is an important signal to Bulgarian society and to our partners that the European institutions support Bulgaria’s road to its full integration. The government will continue to make every effort to prepare the country for accession to the Eurozone,” said Minister Petkova. The document coordinates the efforts of the Bulgarian and the European authorities for raising public awareness as the country enters and Eurozone and replaces the Bulgarian Lev with the euro.
The financial situation in the country is critical, Finance Minister Temenuzhka Petkova says. Which means that the good news – the slowing inflation rate (on an annual basis) and Bulgaria’s full accession to the Schengen area at the beginning of the..
Moody's Ratings has affirmed Bulgaria's long-term and short-term rating at Baa1 with a stable outlook. The affirmation of Bulgaria's Baa1 rating reflects the rating agency's expectations that Bulgaria's debt and creditworthiness indicators will remain..
On January 27th, government securities for 150 million euros (300 million leva) will be offered on the domestic market , the Bulgarian National Bank (BNB) announced. The bonds will have a maturity of 7 years and an annual interest rate of 3.25%. On..
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