"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.
Ten new electric locomotives "Smartron", which "BDZ - Passenger Services" is expecting under a contract with the company "Siemens Tron", will be named after prominent Bulgarian National Revival figures who contributed to the development of railway..
On Friday, it will rain again in many places . Cloudy skies will develop in the afternoon and the precipitation will be accompanied by thunderstorms. They will be more significant in quantity in the central and northern regions. There will be a..
Bulgaria is proposing the establishment of a multinational maritime coordination center to ensure safe shipping in the western Black Sea . The country is also offering to host this center, Premier Rosen Zhelyazkov said in Paris where he is attending..
Thursday will be mostly cloudy with rain and east-northeasterly winds , increasing in the Danube plain and the Upper Thracian lowlands. Minimum..
European Chief Prosecutor Laura Kövesi is launching an administrative investigation into possible violations committed by Bulgaria’s..
The price of agricultural land in Bulgaria will continue to decline for at least the next two years. The data comes from the Bulgarian Association of..
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