“In 2022 inflation in Bulgaria will be brought under control,” Dimitar Radev, Governor of the Bulgarian National Bank, BNB, stated for bTV.
“Joining the Eurozone will push up incomes. It is no coincidence that the trade unions are among the biggest supporters of the process. The BGN-EUR exchange rate when the country switches over to the common currency will remain fixed at 1.95583 Leva per 1 euro. People’s savings accounts will automatically be changed over to euro. For a brief period, the two currencies will be used in parallel,” BNB’s governor stated.
Dimitar Radev added that there is a surge in the purchase of housing property, but that there is no “property market bubble”, and that citizens' bank accounts have been increasing.
Cooperation between Bulgaria and China in the field of agriculture and food is very active and is constantly expanding. This was stated at a meeting in Sofia between Deputy Minister of Agriculture and Food Lozana Vasileva and Wan Lejun, Chief Animal..
Bulgaria is making good progress toward joining the Eurozone, as inflation is decreasing towards the threshold set by the criteria, European Bank for Reconstruction and Development President Odile Renaud-Basso said in an interview with BTA. The..
Bulgaria's Ministry of Transport has been working for years to develop Corridor No. 8, connecting the Adriatic with the Black Sea through Albania, North Macedonia and Bulgaria. Of the 1,220 km of railway line along the corridor, 747 km are on the..
The pig meat sector in Bulgaria is showing signs of growth. This was announced at the International Forum "Modern Trends in Pig Farming: Scientific,..
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