There is a danger of an inflationary spiral, Bulgarian National Bank's Deputy Governor Kalin Hristov warned at a parliamentary roundtable on Introducing the single European currency in Bulgaria. In 2021, we already had widespread inflation spreading to labour prices, Hristov said.
National Statistical Institute President Sergey Tsvetarski warned that Bulgaria does not meet the price stability convergence criterion for joining the Euro zone, under which the candidate's inflation rate cannot be higher than 1.5% above the rate of the three best-performing member states.
If we fail to contain this inflation shock that our economy is suffering, it will be critical for Bulgaria's eurozone accession, said Lyubomir Karimanski, chairman of the parliamentary committee on budget and finance.
German fighter jets escorted a Ryanair Boeing 737 from Sofia to London on 11 August after a false emergency call claimed there was a Palestinian passenger on board planning to “do bad things,” the state news agency BTA reported. The aircraft,..
According to a poll commissioned by the Ministry of Finance, 49.2% of Bulgarians support joining the eurozone , while 45.8% oppose it. Businesses are more optimistic, with 69% in favour and 30.2% opposed. The survey, conducted by the Alpha..
There are no significant changes in the human rights situation in Bulgaria, according to the report on human rights in the world in 2024 by the US Department of State. Significant human rights issues included credible reports of..
In the extremely difficult and rocky terrain above the village of Ploski, with a slope of over 70 degrees, the third outbreak of the..
On the occasion of International Lighthouse Day, the oldest lighthouse in Bulgaria, which is located in Shabla, opened its doors for..
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