The Bulgarian government approved a new draft law on the Bulgarian National Bank (BNB). It aims at securing the legal integration of BNB into the Eurosystem upon the introduction of the euro in the country. A legal framework consistent with the Statute of the European System of Central Banks and of the European Central Bank is established.
The draft law settles the status of the euro as a currency and determines the design of the national side of euro coins, the issue, withdrawal, exchange and reproduction of euro banknotes and coins. It also aims to broaden investment opportunities by adding instruments that provide an opportunity for higher yields at slightly higher credit risk.
Protecting the rights and caring for Bulgarian communities abroad are fundamental to Bulgarian foreign policy, said Bulgarian President Rumen Radev at a meeting with the Bulgarian community in Riyadh . He answered the questions of Bulgarians working and..
An earthquake with a 6.1 magnitude on the Richter scale hit Western Turkey at 22.48 hours last night. There were over 40 aftershocks after the earthquake. The epicenter was near the city of Sundargah in the Balıkesir province. In addition to..
The Bulgarian National Bank reports a sharp increase in new household deposits . The growth in euro deposits is impressive. In just one month, amounts worth 334 million leva (over 161 million euros) were placed in deposit accounts. This is 57% more than..
An earthquake with a 6.1 magnitude on the Richter scale hit Western Turkey at 22.48 hours last night. There were over 40 aftershocks after the..
Bulgaria’s draft social security budget indicates that the minimum wage from 1 January 2026 will be lower than the level set out in the Labour Code ,..
On Tuesday , the lowest temperatures will be between 3 and 8°C; in Sofia – about 4°C. During the day before noon cloudiness will be..
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