The full accession of Bulgaria and Romania to the Schengen area is strengthening the European Union's economy significantly. This is stated in a report by the European Commission on the state of the border-free zone, presented today.
The report highlights that since the beginning of this year, the two countries have fully joined Schengen, following an 18-year-long process. Prior to the abolition of internal border controls, Bulgarian and Romanian businesses were paying billions of euro a year due to increased logistics costs, delivery delays, high fuel prices and truckers' wages, BTA reported.
The document also notes that over the past year, several measures have been taken to strengthen Schengen, particularly in the area of securing external borders. It cites examples of joint efforts between Bulgaria, Austria, Greece, Hungary, Romania and Slovakia, as well as measures taken on the Bulgarian-Turkish border to prevent potential threats to the EU.
By the end of the second quarter of 2025, a net monthly income of BGN 2,748 (€1,331) is required to support a household of two adults and a child under the age of 14. A single person in work needs BGN 1,526 (€739) per month. These figures come from the..
After years of preparation and research, actual drilling for oil and natural gas is starting in the Bulgarian part of the Black Sea. OMV Petrom, the largest energy producer in Southeast Europe, and NewMed Energy Balkan, a subsidiary..
The wheat harvest is 80% complete. With average yield of 586 kg per decare, almost 5.8 million tons of wheat have been harvested. Over 1 million tons of barley have been harvested with 95 percent of the areas harvested and over..
Bulgaria and six other EU member states have not signed a joint statement condemning Israel over the situation in Gaza. The statement was signed..
Two children, aged five and seven, ran away from their preschool in Sofia, prompting police involvement. The authorities were notified approximately one..
The U.S Department of State has made a determination approving a possible Foreign Military Sale to the Government of Bulgaria of Naval Strike..
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