Bulgaria’s Premier Boyko Borissov forecasted that Bulgaria would enter ERM2, also known as the Eurozone’s waiting room, in July this year. Huge investments are expected to be made in Bulgaria. Unemployment and contraband levels will fall below 5% and Bulgaria’s foreign debt will amount to 17.5% of the gross domestic product (EUR 61 billion) at the end of 2019, Premier Borissov further forecasted. Bulgaria began preparations for ERM2 in July 2018. According to Bulgaria’s Minister of Finance, this country can adopt the Euro no earlier than in 2022, but entering the Eurozone in 2023 is a more realistic scenario.
Plovdiv will offer concerts, bazaars and an ice park for the Christmas and New Year holidays to its citizens and guests, the municipality has announced. Mayor Kostadin Dimitrov will light the Christmas tree in front of the Plovdiv Municipality..
On Thursday, minimum temperatures will range from 3° to 19°C, with eastern areas reaching 15–19°C and Sofia around 6°C. The day will be cloudy with widespread rain. Heavy rainfall is expected in western regions overnight and in central and southern..
“Solutions for achieving peace in Ukraine must be based on fundamental principles of the UN Charter, such as sovereignty, independence and territorial integrity.” This was stated by Bulgarian Foreign Minister Georg Georgiev at the informal video..
Employees in the agriculture and forestry sector staged a protest in front of the Parliament, demanding higher salaries for workers in departments that..
GERB leader Boyko Borisov said in Parliament that Bulgaria will become a member of the eurozone on January 1, regardless of protests organized by..
The ruling party and the opposition argued about the procedure for the Budget Committee meeting before the final vote on the 2006 budget . Assen..
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