Bulgaria's preparation for eurozone membership is on track, according to an article by Minister of Finance and Deputy Prime Minister Asen Vassilev in the Bulletin of the Association of Commercial Banks. He does not mention a date for the changeover from the lev to the euro, but previously he repeatedly pointed to January 1, 2024. In the spring, an information campaign to inform citizens and businesses about the upcoming currency change will be launched.“The stability of the financial system will not be threatened", the article reads. Assen Vassilev has also pointed out the key role of banks in economic growth.
Bulgarian President Rumen Radev had a telephone conversation with Polish President Andrzej Duda ahead of the upcoming Three Seas Initiative Summit in Warsaw. Radev highlighted the importance and potential of bilateral industrial cooperation, including..
For the second year in a row, the Bulgarian Industrial Association (BIA) will today present its "Effectiveness of Economic Policy" index. The index identifies specific weaknesses in Bulgaria's economic policies that, if addressed, could improve the..
On Thursday lows will be between 7 and 12°C, 9°C in Sofia. Before noon it will be sunny. Around and after midday, cumulus clouds will develop and there will be brief showers in the western parts of the country. Maximum temperatures will be between 22..
In 2024, Bulgaria spent USD 2.208 billion (3.964 billion BGN), or 2.04% of its GDP, on defense, reads the annual report of NATO Secretary General Mark..
Bulgaria’s Ambassador to the United States Georgi Panayotov has requested an early end to his term, the Ministry of Foreign Affairs announced. The..
The Israel Defense Forces (IDF) have admitted to mistakenly firing on a UN facility in central Gaza in March, killing an UN staffer, reported BTA...
sunshine, cloud, rain and thunder
Partly cloudy, chance of rain
Overcast, rain