The National Assembly must adopt 3 laws in order for Bulgaria to enter the Eurozone in 2024, caretaker Deputy Premier for EU Funds Management Atanas Pekanov said for the BNT. There are two main criteria for eurozone accession - inflation and legal framework, Atanas Pekanov explained. In his words, inflation is currently decreasing and is expected to be contained.
As for the legal framework, the caretaker cabinet has prepared 3 laws that have to be voted by the country’s Parliament- amendments to the Insurance Code, the independence of the Bulgarian National Bank and improving measures to combat money laundering. Deputy Premier Pekanov also reminded that Bulgaria’s Parliament has adopted only one of the 22 laws under the Recovery and Resilience Plan.
Bulgaria remains a net exporter of electricity and one of the pillars of the energy system in Southeast Europe. Electricity exports exceed imports by 3.1% in 2024. According to this indicator, the country ranks 11th in Europe. Among the..
At a ceremony at the Vytautas Magnus University in the Lithuanian city of Kaunas , the rector of Sofia University “St. Kliment Ohridski”, Prof. Georgi Valchev, accepted the rotating presidency of the international university alliance..
For the third consecutive year, Karin Dom – Varna is organizing the charitable initiative “Ivan Stanchov Awards” in memory of the Bulgarian diplomat and founder of the organization, Ambassador Ivan Stanchov. On October 23, awards will be presented..
Bulgaria could run into fuel shortages if the Lukoil Neftochim refinery stops operating, former Prime Minister and GERB leader Boyko Borissov warned on..
The Institute for Computer Science, Artificial Intelligence and Technology (INSAIT) at Sofia University ‘St. Kliment Ohridski’ has released SPEAR-1, an..
The first regular direct flights between Bulgaria and the United States are expected to begin in April 2026, Transport and Communications Minister..
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