A report of the European Central Bank, published on Tuesday, reads that none out of seven countries that want to join the euro area, including Bulgaria, actually meets all the criteria for joining the single currency community. The authors point out that in general the economies of Bulgaria, the Czech Republic, Croatia, Hungary, Poland, Romania and Sweden are on sound footing, but their national laws are not in accordance with the standards of the ECB. The report shows that it would take time before the euro zone, which currently includes 19 members, expands.
The Bulgarian National Bank reports a sharp increase in new household deposits . The growth in euro deposits is impressive. In just one month, amounts worth 334 million leva (over 161 million euros) were placed in deposit accounts. This is 57% more than..
The President of the National Assembly, Natalia Kiselova, is convening an extraordinary parliamentary sitting today with a single item on the agenda – a vote on amendments to the Medical Establishments Act, the Bulgarian News Agency (BTA) reported...
The international conference Regional Defence Summit 2025 takes place today in Sofia. It brings together defence ministers, representatives of the European Union and NATO, industry leaders, investors and innovators with the next..
An earthquake with a 6.1 magnitude on the Richter scale hit Western Turkey at 22.48 hours last night. There were over 40 aftershocks after the..
Bulgaria’s draft social security budget indicates that the minimum wage from 1 January 2026 will be lower than the level set out in the Labour Code ,..
The necessary net monthly income for subsistence for a worker living alone in September 2025 is 1,547 leva (748 euros) . For a three-member family with a..
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