Bulgaria’s Vice President Iliana Iotova attended a conference named "Bulgaria in the eurozone". Iliana Iotova called for an awareness-raising campaign to answer people's questions and address their concerns about the effects of the introduction of..
The advantages of Bulgaria’s joining the Eurozone by far outweigh the risks, and now, more than 20 years after the introduction of the currency board, when the Bulgarian Lev was first pegged to the Deutsche mark and then to the euro, many experts are..
Raising the minimum wage from EUR 363 to EUR 435 is a very high increase, interim Finance Minister Rositsa Velkova told BNR. She exlained that a rise of 5 euros leads to a budget deficit of 25.5 million euros. There should be an increase, but not like..
"The Bulgarian banking sector is stable. The country's accession to the eurozone is a macroeconomic and political catalyst that should not be missed, said National Bank Governor Dimitar Radev before the conference "Banks and Business in Bulgaria..
Bulgaria’s National Assembly tasked the government with speeding up the process of adopting the single European currency on January 1, 2024 and set the exchange rate at 1,95583 Leva for 1 Euro. The proposal was put forward by the largest..
There is a real risk that Bulgaria will not be able to join the eurozone on January 1, 2024, the Governor of the Bulgarian National Bank Dimitar Radev warned during a hearing in the National Assembly. "The delay in joining the euro area is..
“The idea of pumping money from the budget into the economy is absurd. That is only going to boost inflation. Because of the expected lower GDP growth rate, or even possible decline, we need to restrict spending but investment expenditure should..
" The implementation of the Recovery and Resilience Plan in Bulgaria has entered a key phase . It includes many investment projects and reforms that have been delayed for years. The World Bank will consult Bulgaria on some of..
Bulgarian National Bank (BNB) Governor Dimitar Radev warned that the dynamics of the political processes in Bulgaria will determine whether Bulgaria will join the euro zone in January 2024. The adoption of 100 legislative texts is needed, including..
Turkish opposition unites for presidential elections in 2023 One of Turkey's most influential women in politics, Canan Kaftancıoğlu, was taken to jail to serve a five-year sentence for insulting Turkish President Recep Tayyip Erdogan,..
