The European Commission welcomes Bulgaria's continued ambition to join the euro area when all criteria for this are met, the institution told BNR following the news that Bulgaria will miss its January 1, 2024 target date for joining the euro zone.
"Accession to the euro area is governed by transparent rules and criteria that ensure fair treatment of applicant countries and successful membership. Regardless of the specific date of accession, the Commission will continue to work with Bulgaria to enable its successful membership of the single currency area," Brussels said.
"The eurozone is by no means a mirage and will not remain a mirage," Deputy Finance Minister Metodi Metodiev told Nova TV, stressing that Bulgaria must curb inflation and implement promised reforms.
The consumer basket currently costs 101 leva (EUR 51.64), compared to 94 leva (EUR 48.06) for the same period in 2024. This represents an increase of 7 leva (EUR 3.58 euros), announced Vladimir Ivanov, Chairman of the Commodity Exchange and Wholesale..
The municipality of Gabrovo has secured nearly 17 million leva in funding to develop an "innovation valley", local authorities have announced. The project includes the transformation of the former Radion Umnikov School into a centre for digital skills..
Bulgaria recorded the second-highest annual house price growth in the European Union in the first quarter of 2025, according to Eurostat data released this week. A 100 square meter apartment in Bulgaria costs 199 average monthly salaries Property..
As of January 1, 2026, the minimum monthly wage should be 1,213 BGN (EUR 620.2), up from the current 1,077 BGN (EUR 550.66), said Luboslav Kostov, Chief..
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