Until the average income of the population reaches 80% of the European average, we should not enter the euro area. Inflation goes along with it and there must be some reserves, Georgi Kadiev, former Deputy Minister of Finance, part of “The Left” party, has told the BNR.
According to him, however, Bulgaria is moving in the right direction and has reached 64% of the average European income. "We are on the grey list for money laundering. This is a reason to reject our joining. We don't even have a regular government. Why do we claim that we are ready for the Eurozone?", he said commenting on the claims of the BNB Governor that this country's entry into the Eurozone is possible in 2025. "If I had to bet, I would rather expect us to enter in 2027, but that doesn't mean we should miss on the chance for 2026," Kadiev said.
On Wednesday at dawn, temperatures will range between 8 and 14°C , and up to 18°C along the Black Sea coast. In Sofia, it will be around 9°C. In the easternmost regions, low clouds are expected before noon, with morning mists possible in some low-lying..
Bulgaria will join the drone wall that the European Union plans to create soon along its eastern borders. Minister of Defense Atanas Zapryanov confirmed the news in Veliko Tarnovo, which was announced by the European Commission Spokesperson Thomas..
The Bulgarian Foreign Ministry is monitoring the case of Lyubomir Kirov, a dual Bulgarian-Ukrainian citizen who has reportedly been mobilised in Ukraine despite holding a disability certificate (TELK) for a serious arm impairment. The..
Bulgaria is celebrating 117 years since it proclaimed independence from the Ottoman Empire today. On 22 September 1908, Prince Ferdinand I read..
Traffic on Tsarigradsko Shose Boulevard in Sofia is blocked by two separate protests, by residents of the Gorublyane and Druzhba 2 neighbourhoods...
It will be clear and mostly calm during the night. On Tuesday morning, there will be temporary increases in cloud cover and reduced visibility in some..
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