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Caretaker cabinet continues Bulgaria's course towards the Eurozone

"I have tried to get experts into the government, to achieve continuity and the cabinet to be politically balanced," caretaker Prime Minister Dimitar Glavchev said when presenting the composition of the already active caretaker cabinet to the President...

15.04.24 12:20 |

European Commission with information campaign on adoption of the euro in Bulgaria

Caretaker Deputy Prime Minister and Finance Minister Lyudmila Petkova, Vice President of the European Commission Valdis Dombrovskis and European Commissioner for Economy Paolo Gentiloni signed, in Luxemburg, a partnership agreement between the..

12.04.24 11:18 |

Bulgaria will join eurozone when it meets inflation criterion, says outgoing finance minister

Bulgaria will be able to join the eurozone when it meets the inflation criterion, outgoing finance minister Assen Vassilev said in the National Assembly during a debate on state-owned Bulgarian Energy Holding.  Vassilev noted that the outgoing..

29.03.24 16:42 |

Eurozone countries welcome the progress made by Bulgaria towards adopting the euro

We welcome the progress achieved by Bulgaria on its way towards adopting the euro and encourage the continued efforts towards meeting all the convergence criteria, reads a statement issued after the two-day Euro Summit in Brussels. In June,..

22.03.24 16:41 |
Assen Vassilev

Finance Minister Assen Vassilev believes Bulgaria will be able to adopt the euro in 2025 at 3% inflation

The average annual inflation in Bulgaria will be 3%, according to data of the European Central Bank and the European Commission, said Finance Minister Assen Vassilev, who is in Ghent, Belgium, for the informal meeting of EU economic and financial..

24.02.24 16:04 |

Bulgarians working abroad have sent over EUR 1.32 billion to the country in 2023, BNB says

Bulgarians working abroad have sent a record EUR 1.32 billion to their relatives in the country in 2023, official Bulgarian National Bank (BNB) statistics show. Compared to 2022, that is an increase of 25%. This means the sumtotal of the..

20.02.24 08:37 |

Vazrazhdane activists block entrance to Burgas West port terminal 

About 50 activists and politicians from the Vazrazhdane party blocked the entrance to the Port Terminal Burgas West for two hours . They did so in response to the Constitutional Court's decision to reject the request to hold a national referendum on..

18.02.24 14:48 |

Bulgarian Parliament adopts Bulgarian National Bank bill regulating the status of the euro

The Bulgarian Parliament has adopted the amendments to the Law on the Bulgarian National Bank which regulate the legal integration of the Bulgarian Central Bank into the Eurosystem upon the introduction of the euro as the currency of Bulgaria. The..

01.02.24 14:55 |

Loan lending for households in Bulgaria might be tightened, says BNB governor

Lending loans to households may be tightened following an analysis of data for the first quarter of this year. This was stated by the Governor of the Bulgarian National Bank, Dimitar Radev, in an interview for the BNR. According to him, such measures..

28.01.24 10:50 |

Shop prices to be displayed in Leva and in Euro one month after announcement of Eurozone accession date

One month after the date is announced of the country’s entry into the Eurozone, shop prices will start to be displayed in both Leva and Euro, and this will continue for one year after the Euro is introduced in the country, the Council of Ministers..

27.01.24 09:53 |
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