Answering whether Bulgaria should join the eurozone, I would first ask if there was anyone in Bulgaria who wants the currency board lifted, the managing director of the International Monetary Fund Kristalina Georgieva said.
"I have not seen sociological surveys that show the currency board should be lifted and that we should remain without the protection it provides. And since we are in this currency board and our currency is pegged to the euro, it is much better to participate in the formation of policies that affect our country,” Georgieva said. She predicts that in 2023 inflation will be contained.
Georgieva was awarded the title of "Doctor Honoris Causa" at the University of National and World Economy in Sofia.
The base interest rate in the country is being reduced to 1.82% as of 1 August 2025, the Bulgarian National Bank (BNB) has announced. The reduction is by 0.09% compared to July, when it was 1.91%. The simple annual interest rate is being reduced..
The jury at the International Triennial of Stage Posters and the Ministry of Tourism awarded three equal prizes and 8 incentive prizes for tourist posters on the subject of “Bulgaria”. The jury, headed by Prof. Bozhidar Yonov, reviewed 144 posters..
President Rumen Radev expressed his appreciation of Great Britain’s support for Bulgaria in guarding the EU’s external borders. President Radev met with the British ambassador to Bulgaria Nathaniel Copsey, the Bulgarian news agency BTA reports...
Firefighting equipment should be purchased for the Air Force, where an organisation and crew are already in place , rather than for the Ministry of the..
The Council of Ministers has decided to grant a total of €460,176 in aid to families affected by the forest fires. 'Until now, they could apply for..
On Thursday, minimum temperatures will range from 15 to 22°C , in Sofia – 16°C. Heavy rain clouds will develop from the southwest to the east-northeast..
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