Bulgaria will not adopt the Euro as of January 1, 2024, caretaker Minister of Finance Rositsa Velkova said. At the Eurogroup meeting at the beginning of this week Bulgaria was not heard about its readiness, although the topic was on the agenda. The reason is that the country does not meet the inflation criterion and that the adoption of the necessary legislation is lagging behind, Minister Velkova said.
January 1, 2025 is the new target date for the adoption of the Euro, Rositsa Velkova added.
In January 2025, Bulgaria had the lowest minimum wage among EU member states - 551 euros , according to Eurostat data . Luxembourg had the highest - 2 638 euro per month. Over the past decade, since 2015, the minimum wage in Bulgaria has increased..
Bulgaria has fully implemented 7 out of 28 recommendations made by the Council of Europe's Group of States against Corruption (GRECO). 11 recommendations have been partially implemented and 10 have not been implemented. Today GRECO published..
The co-ruling BSP proposes a bill to introduce a ceiling on the markup for basic foods. The leader of Stand Up.BG, Maya Manolova, who yesterday announced her candidacy for ombudsman, told the Bulgarian National Radio that the..
T he Federation of Consumers in Bulgaria, the movement “The system is killing us” and the Allied Pensioners Unions have called for a boycott of the high..
“We shall submit a budget for stabilizing public finance,” Prime Minister Rosen Zhelyazkov said at a briefing at the Council of Ministers building. “I..
Europe will have to reform its governance structures so as to speed up the decision-making process and mobilize its resources, said President Rumen..
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