Bulgaria is making the necessary progress towards adopting the euro, according to representatives of the European institutions whom Finance Minister Temenuzhka Petkova met with. This progress will allow Bulgaria to request extraordinary convergence reports from the European Central Bank (ECB) and the European Commission regarding its readiness to introduce the euro, the Ministry of Finance announced. Minister Petkova met in Brussels with ECB President Christine Lagarde, Eurogroup President Paschal Donohoe and EU Commissioner Valdis Dombrovskis.
“A good first discussion with Temenuzhka Petkova, Bulgarian Minister of Finance – looking forward to strong cooperation. The EU Commission will continue to support Bulgaria on its path to Euro Area accession”, Commissioner for Economy and Productivity Valdis Dombrovskis wrote on X.
Shell Exploration and Production (96) B.V , a subsidiary of Shell, will explore for oil and natural gas in Block 1-26 Khan Tervel, located in Bulgaria's exclusive economic zone in the Black Sea, announced Bulgaria's caretaker Minister of Energy..
The Bulgarian-Moldovan Chamber of Commerce and Industry held a meeting with leading specialists from the energy sector of Bulgaria and Moldova. The online conference was led by the Chairman of the Bulgarian-Moldovan Chamber of Commerce and Industry,..
The draft budget for 2025 proposes a deficit of 3%. The mid-term budgetary forecast targets a deficit of 3% up until 2028. The government debt is to increase to EUR 41.57 billion by 2028. The size of pension insurance is to be preserved in..
Financial and tax stability has been shaken in recent years so it is good that a government has been formed, said Vasil Velev, chairman of the Bulgarian..
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