The average annual inflation in Bulgaria will be 3%, according to data of the European Central Bank and the European Commission, said Finance Minister Assen Vassilev, who is in Ghent, Belgium, for the informal meeting of EU economic and financial affairs ministers. The only criterion for accession to the Eurozone that has not been met yet – inflation – will be fulfilled this year. This means Bulgaria will be able to adopt the euro in 2025, Assen Vassilev said.
“Entry into the Eurozone calls for a stable environment and a regular government, the only thing left is the Euro Adoption Law, which is at the European Central Bank for consultation,” Bulgaria’s finance minister said, and added that the country has set in motion difficult and long-delayed legislative changes and that that they should now start working for the benefit of the citizens.
Assen Vassilev was adamant that the rotation of prime ministers will take place.
With 128 votes in favour, the governing majority in Parliament and three independent MPs rejected the president’s veto on the Law on Defence and the Armed Forces. The amendments expand the possibilities for declaring a state of emergency and..
In Skopje, I am hearing more and more often concerns that relations with Bulgaria are being used as a convenient excuse for the lack of will or ability to undertake the necessary reforms. I do not want to believe this argument, said Bulgaria’s..
The role of the social network TikTok in Bulgaria is growing, including its involvement in disseminating manipulative content. This is stated in a report presented at the European Parliament in Brussels, reported BTA. It was prepared by the..
On Tuesday, overnight lows will range from 7°C to 12°C, rising to 12–16°C in eastern Bulgaria and around 9°C in Sofia. It will be a cloudy day with rain,..
The European Commission has approved 70 projects across the EU , worth more than €600 million , to support alternative fuels and reduce vehicle..
According to data from the National Seismological Center at the National Institute of Geophysics, Geodesy and Geography - BAS, at 16:48 an earthquake..
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