On January 1, 2024, Bulgarians will most likely shop using euros, the governor of the Bulgarian National Bank Dimitar Radev predicts, quoted by Bloomberg TV Bulgaria. The country's entry into ERM 2 will accelerate the process of convergence of the Bulgarian economy and that of the Eurozone and reaching incomes close to those in the Central European countries, Radev says. Interest rates in 2021 will remain at the same levels as in 2020.
Against the backdrop of the pandemic crisis, the situation in the banking sector is not worse than that before the crisis. The banking sector had been well prepared, the central bank had taken measures totaling more than 4.5 billion euros, while the banks themselves have been acting wisely and forming reserves to help them meet the risks in 2021, the banker said.
On 30 March, Bulgaria is switching to daylight saving time, the Bulgarian Institute of Metrology has announced, as reported by the Bulgarian news agency BTA. At 3 AM on 30 March, clocks must be set forward by one hour. The country switched to..
The Central Election Commission (CEC) must carry out the re-calculation of the election results it has been tasked with by the Constitutional Court. This will show whether there are any changes in the distribution of seats in the 51 st National..
A yellow code for strong wind has been issued for 18 regions of Bulgaria on Tuesday . The minimum temperatures will be 4 to 9°C, around 4°C in Sofia. It will be sunny over most of the country before noon. Cloudiness will increase in the..
Citizens who cross at a pedestrian crossing while holding a mobile phone will be fined, according to proposed legislative changes. According to..
An official ceremony and a March of Tolerance named ''We Remember'' took place in Sofia to mark the 82nd anniversary of the rescue of Bulgarian..
It will be sunny on Monday. There will be light to moderate southerly and southwesterly wind and temperatures will continue to go up. The lowest..
Partly cloudy, chance of rain
Mostly Cloudy
Cloudy