The 2023 state budget with a 3% deficit is feasible and does not "tighten the belts", Finance Minister Assen Vassilev told Nova TV. A total of BGN 250 million (EUR 125 million) has been additionally allocated for salary increases in various sectors, Vassilev said.
The preparation of the non-banking financial sector for the introduction of the euro is at a very advanced stage and a significant part of it has already taken concrete measures to adapt to the new currency, the new chairman of the Financial..
The likelihood of Bulgaria joining the eurozone on 1 January 2026 is growing by the day. The country would become the 21st EU member to adopt the single currency. The signals are coming both from the Bulgarian government, which has repeatedly stated..
The Bulgarian National Bank (BNB) has again reduced the key interest rate in the country . As of May 1, it will now be 2.24 percent. The decrease compared to April is 0.15%, when it was 2.39 percent. This is the eighth consecutive month of a decrease in..
The preparation of the non-banking financial sector for the introduction of the euro is at a very advanced stage and a significant part of it has..
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