Bulgaria’s Premier Boyko Borissov forecasted that Bulgaria would enter ERM2, also known as the Eurozone’s waiting room, in July this year. Huge investments are expected to be made in Bulgaria. Unemployment and contraband levels will fall below 5% and Bulgaria’s foreign debt will amount to 17.5% of the gross domestic product (EUR 61 billion) at the end of 2019, Premier Borissov further forecasted. Bulgaria began preparations for ERM2 in July 2018. According to Bulgaria’s Minister of Finance, this country can adopt the Euro no earlier than in 2022, but entering the Eurozone in 2023 is a more realistic scenario.
The information campaign for the introduction of the euro in Bulgaria is late, Deputy Prime Minister Tomislav Donchev has told BNT. “This is a big change and people are afraid of the change,” he added. Asked about market prices,..
An installation by Slava George won the BAZA Award for Contemporary Art 2025. The award is given to artists up to 35 years of age. The winner was announced by Prof. Barbara Stehle from the USA, who heads the jury this year...
Firefighters and volunteers managed to save the village of Ploski from the large fire that has been raging in the western part of the Pirin Mountain for the fifth day now. On Tuesday, at around 11:30 p.m., the evacuation of 500..
''At least 870 people could benefit from the 'I Choose Bulgaria' initiative, which aims to attract them back to Bulgaria from abroad. Most of them will..
Those detained for committing arson will be tried for terrorism, announced Interior Ministry Secretary General Miroslav Rashkov. He noted that..
Public procurement tenders have been announced for the final 2.4 km of the railway line from Gyueshevo to North Macedonia, as well as for the..
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