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.
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, mainly in the north and west of the country, which will continue into the night towards Wednesday...
According to data from the National Seismological Center at the National Institute of Geophysics, Geodesy and Geography - BAS, at 16:48 an earthquake with a magnitude of 3.5 was recorded in the area of the town of Simitli, near Blagoevgrad. The..
There are significantly fewer homeless people in Sofia in comparison to major European cities. This is shown by data released today from an international study under an international project covering 35 European cities, funded by the European..
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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