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.
The Bulgarian National Bank reports a sharp increase in new household deposits . The growth in euro deposits is impressive. In just one month, amounts worth 334 million leva (over 161 million euros) were placed in deposit accounts. This is 57% more than..
The President of the National Assembly, Natalia Kiselova, is convening an extraordinary parliamentary sitting today with a single item on the agenda – a vote on amendments to the Medical Establishments Act, the Bulgarian News Agency (BTA) reported...
The international conference Regional Defence Summit 2025 takes place today in Sofia. It brings together defence ministers, representatives of the European Union and NATO, industry leaders, investors and innovators with the next..
By mid-2026, Bulgaria should be removed from the Financial Action Task Force (FATF) “grey list” of countries with deficiencies in its anti-money..
Frol and Frosia are the newest residents of the Bear Sanctuary Belitsa, according to the Four Paws Foundation, which runs the bear sanctuary in..
An earthquake with a 6.1 magnitude on the Richter scale hit Western Turkey at 22.48 hours last night. There were over 40 aftershocks after the..
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