At the end of 2024, Bulgaria's macroeconomic indicators fully met the Maastricht criteria for Eurozone membership, BGNES informs.
According to Eurostat data, inflation from June to November was below 3%, which is a requirement for adopting the single currency. The other important indicator for entering the Eurozone is the budget deficit, which will also be within 3%. In addition, Bulgaria has the lowest unemployment in recent years of about 4% and the debt to Gross Domestic Product ratio is nearly two times lower than the set criterion of 60%.
The European Commission's forecasts for Bulgaria’s economic development are positive - this year inflation is to decrease to 2.3% and the fiscal deficit is to reach 2.8%. Based on these data, economists believe that Bulgaria can become a member of the Eurozone in the middle of this year or in early 2026.
On January 6, the feast of Epiphany, the traditional water blessing of the battle flags and holy flags of the Bulgarian Army will be celebrated in all garrisons of the country. The solemn ritual in Sofia will begin at 11:00 in front of the Monument to..
This year, as always, hundreds of brave men from the town of Kalofer and the whole country will embark on January 6 - Epiphany - in a men's dance in the icy waters of the Tundzha River . It is believed that anyone who enters the cold water of Epiphany..
On Monday the weather in Bulgaria will be mostly sunny with scattered high clouds . Before noon around the Danube, in the valleys and western regions of the Upper Thracian Lowland there will be fog. There will be a weak, in Eastern Bulgaria to moderate..
From 2 April 2025, the UK will introduce the issuance of an electronic transit and short-term residence permit for citizens of all EU countries ,..
The metapneumovirus is not new and does not lead to severe illnesses. There is already a decrease in morbidity in China and there are no deaths there,..
A protocol for cooperation and exchange between the Ministries of Education and Science in Bulgaria and Ukraine for 4 academic years until 2028 was..
+359 2 9336 661