The remaining BGN 125 million (EUR 63.9 million) under the so-called ''Ukrainian aid'' will be paid by the end of November, caretaker Deputy Premier and Minister of Finance Lyudmila Petkova told journalists after a meeting with representatives of the agricultural sector affected by the import of agricultural products from Ukraine, reported BTA. Minister Petkova reminded that since the funds were not included in the 2024 budget, restructuring was necessary to provide the aid.
After the government approved an additional BGN 200 million (EUR 102 million) for the budget of the State Fund Agriculture for 2024, these funds are already in the farmers’ bank accounts, said caretaker Minister of Agriculture and Food Georgi Tahov.
“The divergence between the monetary and the fiscal policy pursued by the government continues to be the main reason why Bulgaria does not meet all criteria yet for entering the Eurozone,” Lyubomir Karimansky, member of the Governing Council of the..
Germany remains Bulgaria's strongest economic partner. Trade between the two countries for 2024 amounts to EUR 12 billion, said Tim Kurth, President of the German-Bulgarian Chamber of Industry and Commerce. At a ceremony held at the University of..
Bulgaria can meet the convergence criterion for price stability, needed for entering the Eurozone, in January 2025 and continue to meet it throughout the rest of the year, the Bulgarian National Bank (BNB) states in its macroeconomic outlook,..
Tourism is one of the sectors in Bulgaria ready to the greatest extent to smoothly continue working after Bulgaria joins the Еurozone , the executive..
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