Even though the deficit will exceed the criteria for entry into the Eurozone, Bulgaria maintains the objective of introducing the single currency in 2024.
This is made clear by the convergence programme for the 2021-2023 period voted by the cabinet on 5 May and posted to the website of the Ministry of Finance today, BNR's Marta Mladenova reports.
The country is expected to end 2023 with a 3.1% deficit, which exceeds the 3% Maastricht ceiling, the convergence programme shows.
Friday will be mostly cloudy. Fog will cover the lowlands before midday. It will rain in some places, especially in southern Bulgaria. Minimum temperatures will be between 0 and 5°C, 2°C in Sofia, and maximum between 6 and 11°C, up to 17°C in the..
A serious restrictive and even repressive attitude among Bulgarian society on the current issues of school education and upbringing is shown by an independent poll by the sociological agency "Myara". It was conducted between January 29 and 31, 2025..
In 2022, 14.7% of workers in the EU were low-wage earners . By definition, low-wage earners are those who earn two-thirds or less of the average gross hourly wage in the country. Bulgaria had the highest share of low-wage earners (26.84%). This..
Hristo Stoichkov has been appointed the Sports Tourism Ambassador for the World Tourism Organization (UN Tourism). This became clear at an official..
The common will and economic potential of the two countries are important prerequisites for the upward development of bilateral relations, said President..
Increasing energy connectivity between countries in the region of Southeast Europe will reduce electricity prices, increase competitiveness and security..
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