According to the e 2024 EU Convergence Reports, Bulgaria meets three of the four criteria for membership in the Eurozone, namely: stability of public finances (budget balance and public debt), the exchange rate and the long-term interest rate.
''Once Bulgaria fulfills the final criterion—price stability, extraordinary Convergence Reports will be requested immediately from the European Commission and the European Central Bank'', caretaker Premier Dimitar Glavchev told journalists in Brussels regarding Bulgaria’s Eurozone membership. Dimitar Glavchev expressed hope that the country will meet this criterion by the end of the year. He clarified that the National Statistical Institute data from August confirms the trend of slowing inflation in the country.
Bulgaria will be given six months to carry out the necessary reforms connected with the liberalisation of the energy market , otherwise it stands to lose EUR 653 million which it should receive as a second payment under the Recovery and..
The second edition of the Festival of Apiculture Products continues in Pleven. The exposition features honey and apiculture products, as well as honey cosmetics. The initiative for the event belongs to the regional apiary union and the Pleven..
During the night it will be cloudy with rainfalls in the western and central regions of Bulgaria, as snowfalls are possible in the high western areas. There will be almost no precipitation in the easternmost regions. The morning..
The financial effect of our country's accession to Schengen by land will amount to BGN 1.63 billion (EUR 833.4 million) per year, according to a study..
The Ministry of Transport and Communications supports the idea of naming Sofia Airport after Vasil Levski– the most undisputed figure in Bulgarian..
Over the next 24 hours the weather will continue cloudy, with rain mostly in the Southwestern half of the country and sleet in high plains. The..
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