Bulgarian National Bank (BNB) Governor Dimitar Radev warned that the dynamics of the  political processes in Bulgaria will determine whether Bulgaria will join the  euro zone in January 2024. The adoption of 100 legislative texts is needed,  including a law on the adoption of the euro.
"The whole process of joining the eurozone is very much a function of the political process. We have had a major change in this process since yesterday. So it is very important how this process will develop from now on. This could speed up or slow down the introduction of the euro in Bulgaria," said Dimitar Radev.
Because of the political events of last year the process was significantly delayed and now we have 18 months to complete it, he added during a joint meeting of the parliamentary committees on budget and finance and on European affairs. Both committees are discussing a draft law for approval of the national plan for the introduction of the euro.
The parliament has adopted amendments to the Defence Act. They expand the possibilities for declaring a state of emergency and activating the armed forces. The possibility of using weapons against drones in the protection and..
Bulgaria's economy will grow by 3 percent this year. In 2026, the growth rate will slow to 2.7 percent, the Ministry of Finance writes in its Autumn Macroeconomic Forecast. The analysis has been uploaded to the ministry's website...
''The Black Sea – Unique and Unknown'' is the name of the exhibition that the Regional Historical Museum of Burgas will present on today’s International Black Sea Action Day. The exhibition aims to raise public awareness about the richness and..
North Macedonia has still not adopted the necessary constitutional amendments aimed at including Bulgarians and other non-majority communities in the..
Bulgaria relies on the efforts of honorary consuls from around the world to help establish new partnerships in the fields of economy, trade, innovation,..
On Tuesday , the lowest temperatures will be between 8 and 13°C; in Sofia - about 8°C. During the day, it will remain cloudy. There..
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