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.
A grave of a deceased person, with anti-vampire rituals performed on the body, was discovered during the latest archaeological excavations in Perperikon, Professor Nikolai Ovcharov told BTA. The find emerged among nearly 250 uncovered graves and tombs..
According to a ranking by company "William Russell", which insures the so-called "expats"- people who, for various reasons, do not live in their home country—Bulgaria ranks No 1 in Europe as a desired destination for those looking to start a new..
Five days before the early parliamentary elections, GERB-SDS are the first political force with 24%, followed by Democratic Bulgaria-We Continue the Change with 14.1%, Vazrazhdane -13.1%, Alliance for Rights and Freedoms -8.3%, Movement for Rights and..
Deputy Prime Minister and Finance Minister Lyudmila Petkova is attending the regular annual meetings of the Boards of Governors of the World Bank Group..
After many years of work, the General Directorate for Combating Organised Crime (GDBOP) has uncovered a criminal group in Shumen that was producing..
During the Agriculture and Fisheries Council meeting in Luxembourg, Bulgaria and the other 26 EU Member States supported the request..
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