There is a real risk that Bulgaria will not be able to join the eurozone on January 1, 2024, the Governor of the Bulgarian National Bank Dimitar Radev warned during a hearing in the National Assembly. "The delay in joining the euro area is mainly caused by the lack of a regular government and clear political commitment. Rising inflation is also a big problem", Dimitar Radev noted.
“The political decision about the Eurozone would have a price and it would not be small. However, if Bulgaria does its job and shows political will to adopt the euro on January 1, 2024, the European institutions may compromise in the event that the country fails to fulfill the inflation criterion, Dimitar Radev said, quoted by “Capital”.
On Wednesday, the minimum temperatures in Bulgaria will be from 11 to 16°C, in Sofia - 14°C . A cold atmospheric front will pass through the country, with cloudiness being more often significant. From the northwest to the southeast, it will rain in..
In addition to using EU funds, accelerating the development of key infrastructure projects can be achieved through concession mechanisms. This is a tool that the European Commission encourages. This was what Deputy Prime Minister and Minister of..
The sixth unit of the Kozloduy NPP will also start operating with American nuclear fuel next year. The first six Westinghouse cartridges will be placed in the reactor to determine their effect on electricity production. This became clear at a..
Bulgaria is ready to down Russian drones. The Northeastern part of the country is actively being monitored, Minister of Defence Atanas Zapryanov..
Motorway Europe-A6, which is 63 kms. long, has been put into operation. Connectivity between the Orient and Western Europe is now a fact, Minister of..
In order for young people to be adequately prepared for the challenges of contemporary life and the demands of today’s labour market, education needs to..
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