According to the e 2024 EU Convergence Reports, Bulgaria meets three of the four criteria for membership in the Eurozone, namely: stability of public finances (budget balance and public debt), the exchange rate and the long-term interest rate.
''Once Bulgaria fulfills the final criterion—price stability, extraordinary Convergence Reports will be requested immediately from the European Commission and the European Central Bank'', caretaker Premier Dimitar Glavchev told journalists in Brussels regarding Bulgaria’s Eurozone membership. Dimitar Glavchev expressed hope that the country will meet this criterion by the end of the year. He clarified that the National Statistical Institute data from August confirms the trend of slowing inflation in the country.
New car sales in Bulgaria in October increased three times more than the average for the European Union , where the purchase of new cars is only 1.1%. According to the Association of European Automobile Manufacturers, 75.9% of cars registered in..
77 per cent of those employed in Bulgaria's secondary education system are ready to go out on strike demanding a pay rise in the sector, according to a national survey by Podkrepa trade union. Half of those surveyed are in favour of a nation-wide..
The damage control and fire-fighting teams in Shumen have responded to 10 reports of damage due to the strong wind, the Regional Directorate of the Interior Ministry has announced. More often than not the reports were of fallen trees and branches in..
The MPs failed to elect a speaker also at their fourth attempt . Of the four candidates, Raya Nazaryan, nominated by GERB - SDS, and Silvi Kirilov -..
Bulgaria has become the first in the EU to have a high-tech artificial intelligence in its own language , created by a state-funded scientific..
A cold front will pass through the country overnight and tomorrow from the northwest . Rain will fall in many places in the western regions and the Danube..
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