Prime Minister Kiril Petkov has reaffirmed the government's commitment to adopting the euro. Petkov told Bloomberg TV Bulgaria that public support for the introduction of the single currency needs to be actively strengthened. "The transition from the Bulgarian lev to the euro must be done carefully and requires a full-scale public information campaign," PM Petkov said. He confirmed the goal of switching to the euro in 2024. About half of Bulgarians believe that the introduction of the euro would have negative consequences, according to a Eurobarometer survey from July 2021.
Petkov also said that Bulgaria was researching the possibility of constructing a new unit in Kozloduy NPP.
Inflation for 2024 is 2.2% compared to the previous year, the National Statistical Institute reports. In December, this indicator was 0.4%. Annual average inflation for the period January 2024 - December 2024 compared to the period January 2023 -..
Without compensation for the price of electricity, companies will be uncompetitive, said Vasil Velev of the Bulgarian Industrial Capital Association (BICA) at a press conference held jointly with trade unions. Those who cannot pass on the increase in..
Bulgarian exports are expected to grow by 5.8% annually after Bulgaria joins the eurozone. Trade in goods could increase by 3.3%, and in the services sector, growth might reach 8.4%. This is predicted by an analysis by the trade credit insurance..
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