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.
With a majority of 197 votes and eight “abstentions”, the MPs accepted the resignation of the former co-chairman of “We Continue the Change” Kiril Petkov as an MP. He took political responsibility for the corruption scandal in..
The authorities in Burgas are introducing a 35-kilometer security zone in the waters of the Burgas Bay, where waiting tankers will not be allowed, BTA reported. The measure is in response to growing public discontent over the strong..
Bulgarian short animated film “The Artist’s Daughter” will be presented today in Tokyo as part of the EU Film Days, BTA reports. The animation is part of the festival program in the “Memory and History” section. “The Artist’s..
A historical festival in the "Gradishte" area, where the ruins of an early Byzantine fortress are located, is organized today from..
Gorna Oryahovitsa is the largest non-district town in Northern Bulgaria. It is located near Bulgaria’s old capital, Veliko Tarnovo, and is an important..
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