"Currently, Bulgaria is one of the few in the EU that unconditionally meets all nominal criteria for convergence to the eurozone, including the price stability criterion, with which we have had problems in recent years." This was what the Governor of the Bulgarian National Bank, Dimitar Radev, said at the opening of a conference dedicated to finance in Sofia.
He pointed out that geopolitical instability is among the main risks for the economy. "Increased fluctuations in the prices of key energy and non-energy raw materials affect the production costs of businesses and the disposable income of households," he added. In such a situation, it is very important to have buffers both in the banking system and in public finances. According to Radev, in this uncertain environment, the BNB will continue to implement a conservative supervisory and regulatory policy to ensure the sustainability of the banking system.
Nearly half of Bulgarians prefer the cabinet to continue governing over the alternative of new elections. However, the majority does not believe that Rosen Zhelyazkov’s cabinet will complete a full term, indicates data of a representative survey..
After a 22-hour session, the parliament approved the state budget for 2025. 138 MPs voted in favour, 78 voted against and two MPs abstained. The projected revenues are EUR 45.5 billion (90 billion BGN). The expenses are set at EUR 48.6..
Bansko will host the Freeride World Tour Qualifier 3 for the fourth consecutive year from March 21 to 23. Nearly 150 competitors from over 20 countries are expected to participate in the competition. The starting point is at 2746..
Workers in state psychiatric hospitals have gone on strike demanding higher salaries and better working conditions, including adequate workplace..
A proposal for holding a referendum on preserving the Bulgarian lev has been submitted to the parliament's registry office. This was announced by the..
Bulgaria has improved its rating in the World Happiness Report , but remains 85 th out of 147 countries, which is the lowest position for an EU..
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