Bulgaria should focus on adopting a budget that will help it enter the eurozone, International Monetary Fund Managing Director Kristalina Georgieva told Nova TV. According to her, the country is on its way to solving the problem of higher inflation. The forecast is for inflation to reach 2.6% in 2025. It is currently 2.8%.
"But if we decide to spend more than we have, a budget deficit would emerge and entry will be postponed. We have postponed it several times already, it is time to tell ourselves that we are bringing this work to the end, as happened with Schengen," Georgieva said. "Be careful, let's be more realistic. Yes, maybe revenues will increase. Let's not forget that we want to increase them with one-time actions, not with a systematic policy far raising revenues," she warned.
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Bulgaria will not be forced to shut down its coal-fired power stations or coal-powered district heating systems during the winter. Energy Minister Zhecho Stankov made this statement ahead of the opening of the RE-Source Southeast 2025 forum, held at..
The Confederation of Labor "Podkrepa" has strongly opposed the proposed measures for a more favorable regime for hiring staff from non-EU countries. "The government is proposing a measure to ease labor migration quotas, suggesting that up to..
Banking services in Bulgaria are among the most accessible in the EU, according to an analysis by the Association of Banks in Bulgaria . According to it,..
The Trade Union of Bulgarian Medical Specialists has declared readiness for protest actions and an effective strike, according to a statement published..
55% of Bulgarians do not feel informed about the introduction of the euro in Bulgaria, while 41% express the opposite opinion, according to a..
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