For the first time, Bulgaria’s Minister of Finance Temenuzhka Petkova took part as an observer in the regular meeting of the Eurogroup held in Luxembourg, the Ministry of Finance said. Until now, Bulgaria has only participated in Eurogroup meetings in inclusive format, attended by Ministers of Finance from all EU member states.
The meeting focused on the economic prospects in the euro area, fiscal developments in member countries, economic forecasts and preparations for the upcoming annual G20 and International Monetary Fund forums in Washington.
Temenuzhka Petkova has proposed that December 31, 2025, and January 2, 2026, be declared one-time non-working days due to the euro changeover. The proposal has been published on the government's public consultation portal.
Edited by Ivo IvanovPublished and translated by Kostadin Atanasov
Photo: minfin.bg
Bulgaria’s accession to the eurozone will reduce transaction costs with key trade and investment partners, according to the annual U.S. State Department report on the investment climate in the country, reported BGNES. The report emphasizes that..
Less than 100 days remain until Bulgaria joins the eurozone, and this is another reason to talk about the incomes of people in Bulgaria, about the Bulgarian economy, about foreign investments and about the domestic labour market which reacts the..
At the end of September, with a little over three months to go until the Rubicon in Bulgarian public finance - 1 January, 2026, when the country will officially leave the currency board and adopt the single European currency, the euro – issues..
Partly Cloudy
Clear