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.
On Saturday lows will be between 5 and 10°C, around 7°C in Sofia. Before noon it will be mostly sunny and calm. In the afternoon there will be isolated showers and thunderstorms. Maximum temperatures will be between 20 and 25°C, around 21°C in the..
Bulgarian President Rumen Radev has long been involved in the political life of the country, and now he wants to take on the role of opposition leader. This was stated by Finance Minister Temenuzhka Petkova in Targovishte. "After nearly four..
In 2024, the poverty line in the country was €375 per month on average per person in a household. A total of 1,401,300 people, or 21.7% of the population, were living below the poverty line , according to the National Statistical Institute (NSI)...
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