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.
The political situation should give us the opportunity to start working with our compatriots outside the country, who have Bulgarian self-identity and citizenship, so that the Bulgarian spirit and memory can be preserved, National Assembly Speaker..
President Rumen Radev will today meet with President of the Democratic Republic of East Timor Jose Ramos-Horta, who is on a working visit to our country. The two will discuss opportunities for cooperation between Bulgaria and the youngest Asian..
Tuesday will be mostly sunny. Over Western and Central Bulgaria cumulus and cumulonimbus clouds will develop and it may rain in places. Minimum temperatures will be between 5° and 10°C, around 7°C in Sofia, and maximum temperatures between 21°C and..
A strong earthquake with a magnitude of 6.2 shook Istanbul at 12.49 local time and was felt to varying degrees across Bulgaria, BTA reported, citing the..
The full accession of Bulgaria and Romania to the Schengen area is strengthening the European Union's economy significantly. This is stated in a report..
Sofia has met the last criterion for entering the eurozone. After meeting the inflation criterion, the data on the budget deficit for..
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