The Bulgarian National Bank (BNB) lowers the main interest rate to 3.79% in January 1, 2024, BTA has reported. This is the first cut in the key rate since October 2022, albeit by just 0.01% from December's level. In November, the main interest rate was 3.79%, and in October - 3.64%.
The BNB does not allocate funds for the production of euro banknotes in its 2024 budget and plans to initially borrow notes if Bulgaria enters the currency union from January 1, 2025. This is recorded in a document for the central bank's budget. Bulgaria expects to receive an invitation to join the eurozone next summer, with the indicative date being January 1, 2025, as for a month the lev and the euro will be used for payment in parallel.
The National Council for Tripartite Cooperation discussed the draft budget for 2025. The trade unions and some of the employer organizations expressed their support for the proposal. According to Kancho Stoychev, Deputy Chair of the..
Bulgaria's position on Syria remains unchanged and we continue to support the sovereignty, independence and territorial integrity of the country. This was what caretaker Minister of Foreign Affairs Ivan Kondov told the parliament...
Thanks to the improved conditions for operating civil flights in the airspace of Israel, the national carrier is restoring its flights to and from Tel Aviv, starting from December 26. Flights on the regular route of "Bulgaria Air" to..
The decision to scrap Schengen border checks by land for Bulgaria and Romania has been included as the first item on the agenda of the EU Justice and..
Democratic Bulgaria has issued a position stating that an attempt must be made to form a government within the current parliament so as to avoid one..
On Tuesday, the weather will be predominantly cloudy with rain, more significant precipitation is in the forecast for Eastern Bulgaria. The..
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