Until the average income of the population reaches 80% of the European average, we should not enter the euro area. Inflation goes along with it and there must be some reserves, Georgi Kadiev, former Deputy Minister of Finance, part of “The Left” party, has told the BNR.
According to him, however, Bulgaria is moving in the right direction and has reached 64% of the average European income. "We are on the grey list for money laundering. This is a reason to reject our joining. We don't even have a regular government. Why do we claim that we are ready for the Eurozone?", he said commenting on the claims of the BNB Governor that this country's entry into the Eurozone is possible in 2025. "If I had to bet, I would rather expect us to enter in 2027, but that doesn't mean we should miss on the chance for 2026," Kadiev said.
At the last moment, when the third expedition of Bulgaria's Antarctic research ship was supposed to leave for Antarctica in November, we received a letter that the money for the ship to return back has been redirected to grain producers. This meant that..
The Bulgarian Foreign Ministry has expressed its heartfelt condolences over the terrible tragedy at the Prečko School in Zagreb. "Our thoughts are with the people of Croatia," the ministry wrote on the X network. A child died on December 20, and..
Increased traffic is expected on the country's roads during the weekend . During peak hours, 1,500 cars per hour will pass on the highways. A special traffic organization has been introduced on the Hemus highway. Traffic for heavy trucks through..
An avalanche has fallen in Pirin Mountain close to Bansko ski resort and has buried people . The Mountain Rescue Service has reported that one of the..
President Rumen Radev met in Sofia with the Prime Minister of Hungary Viktor Orban who is paying a visit to Bulgaria at the invitation of the Bulgarian..
On Saturday, a cold front will sweep across the country. During the night there will be rain in Western and Central Bulgaria, and snow in the..
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