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.
The Economic and Social Council of the Republic of Bulgaria strongly criticizes the bill tabled by Vazrazhdane party on the registration of foreign agents submitted to the National Assembly. In a resolution, the Council described the proposals as..
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..
A quadripartite meeting of the interior ministers of Bulgaria, Hungary, Austria and Romania in Budapest on 22 November made it clear that Austria would..
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..
The Institute for Computer Science, Artificial Intelligence and Technology at Sofia University "St. Kliment Ohridski has made available for free use the..
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