The draft act on the euro is in the final stage of preparation, Governor of the Bulgarian National Bank, Dimitar Radev, told BTA on the sidelines of the Annual Meeting of the World Bank and the International Monetary Fund in the Moroccan city of Marrakech.
In order for the law to be adopted, however, Bulgaria must first receive confirmation for its entry into the Eurozone from January 1, 2025, Finance Minister Assen Vassilev, who also participated in the meeting, pointed out.
"The law is purely technical – it reads that in all laws the currency is changed from lev to euro. This was also done in Croatia,” Vassilev also said. The minister is optimistic that this country will become part of the Eurozone on January 1, 2025.
A strong earthquake with a magnitude of 6.2 shook Istanbul at 12.49 local time and was felt to varying degrees across Bulgaria, BTA reported, citing the National Seismological Centre at the National Institute of Geophysics, Geodesy and Geography at the..
The INSAIT Institute at the University of Sofia has released its first language model in a foreign language. MamayLM was created for the Ukrainian state and is the most powerful Ukrainian language model to date, according to the Ministry of Education...
The Bulgarian Ministry of Foreign Affairs expresses its deepest condolences to the families of the deceased, as well as wishes for a speedy recovery to those injured in the terrorist attack in Pahalgam, India, which claimed many..
A strong earthquake with a magnitude of 6.2 shook Istanbul at 12.49 local time and was felt to varying degrees across Bulgaria, BTA reported, citing the..
The full accession of Bulgaria and Romania to the Schengen area is strengthening the European Union's economy significantly. This is stated in a report..
On January 1, 2026, Bulgaria will take over the presidency of the Danube Strategy for the second time (after 2018) . This is happening at a..
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