"I hope that Bulgaria will join the Eurozone on January 1, 2025", caretaker Deputy Prime Minister for EU Funds Management Atanas Pekanov said before an expert debate in Sofia themed "Is Bulgaria Ready for the Eurozone?". It is just a matter of time for Bulgaria to meet the technical and inflation criteria, said Deputy Premier Pekanov.
“Bulgaria has been a member of the EU for 15 years and Bulgarian citizens and businesses often do their transactions abroad and use the euro”, said Atanas Pekanov. In his words, more than EUR 1.5 billion is sent from abroad to Bulgaria, but part of the money is lost during the currency conversion. 45% of Bulgaria's exports are to the euro area, 35% of imports are from the euro area, Deputy Premier Pekanov explained. "The Bulgarian economy is moving with that of the euro area, which means that we are ready to adopt the euro as soon as possible", Atanas Pekanov concluded.
The challenges facing the energy sector in Bulgaria and the region were discussed by the Minister of Energy Zhecho Stankov and the Executive Vice-President of the European Commission for Clean, Fair and Competitive Transition Teresa Ribera , the..
We do not yet have the euro, but the information that we may have it inspires certain market entities, said Prime Minister Rosen Zhelyazkov at the opening of the National Discussion “The Effect of the Eurozone. The Experience of Member States Speaks”...
The Bulgarian Parliament has adopted the Personal Bankruptcy Act, which is an EU requirement for the second payment under the Recovery and Resilience Plan to be implemented. The texts provide that a debtor who fails to service his/her..
Bulgarian Shopska Salad has earned a place among the 24 best salads in the world according to a new ranking published by CNN, BGNES reports. The fresh and..
A new medical equipment manufacturing center of the Czech company BTL Industries has opened in Plovdiv. The event was attended by President Rumen Radev,..
According to Eurostat data , in 2024 Bulgaria and Estonia ranked second to last in the EU in terms of actual individual consumption (AIC) per..
+359 2 9336 661