In December this year the Ministry of Finance will have covered the last of the criteria for accession to the Eurozone – inflation, said caretaker Deputy PM and Minister of Finance Lyudmila Petkova. Two weeks after fulfilling it, Bulgaria will ask for a new assessment, she added.
At a briefing, Minister Petkova presented the results of an analysis of the public revenues and expenditures for the 2022-2044 period, which indicates that expenditures outpace revenues.
Lyudmila Petkova also announced that at the Consultative Council on National Security, convened by the president, the question was raised of defence spending reaching 2.5% of the Gross Domestic Product of the country. However, she declined to comment on the working parameters of the budget for next year so as to prevent any speculation regarding the budget.
Overnight, cloudiness will increase in the western parts of Bulgaria, while in the rest of the country it will remain mostly clear. On Tuesday, more significant cloud cover is expected over Western and Central Bulgaria. In the afternoon, cloud cover..
Bulgaria’s candidate for judge at the Court of Justice of the European Union , Associate Professor Alexander Kornezov, has been approved , lex.bg reports. In line with the Treaty of Lisbon, a panel of seven jurists recognised for their expertise..
From 1 January 2026, Bulgaria will join the Eurozone , and the lev and stotinki will become a thing of the past. While the new currency will have a different appearance, it will preserve familiar symbols and images. The designs of the Bulgarian euro..
Bulgarian students won four medals at the International Chemistry Olympiad (IChO). They earned one gold, one silver and two bronze medals at the..
From 1 January 2026, Bulgaria will join the Eurozone , and the lev and stotinki will become a thing of the past. While the new currency will have a..
Two helicopters from the Bulgarian Air Force are participating today in the firefighting operations in the Rila Monastery area . A Mi-17 helicopter with a..
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