Sofia has met the last criterion for entering the eurozone. After meeting the inflation criterion, the data on the budget deficit for 2024 should have been released according to the EU methodology.
In 2024, the institutional sector "General Government" had a budget deficit of 3 billion euros or 3% of GDP, according to preliminary data from the National Statistical Institute and Eurostat. In this way the deficit criterion has also been met.
On average, the budget deficit in EU countries for the past year was 3.2%, Eurostat reported. The largest deficit is in Romania - 9.3% of GDP, Poland - 6.6% and France - 5.8%. Denmark has a budget surplus of +4.5%, Ireland and Cyprus have +4.3% and Greece has +1.3%.
During joint inspections by the National Revenue Agency, the Commission for Protection of Competition and the Commission for Consumer Protection, price increases of between 5 and 83% were found. The chair of the Commission for..
The inaugural International Military Competition, 'Best Warrior', is set to take place on 25 and 26 June 2025 at the Vasil Levski National Military University in Veliko Tarnovo . The tournament is organised by the Ministry of Defence, the Defence Staff..
Sunny weather is in the forecast for Wednesday. It will be hot in the plains and lowlands around and after noon. There will be a light northerly and northwesterly wind, turning to moderate in Eastern Bulgaria. Maximum temperatures will range between..
Another protest against the adoption of the euro took place in Sofia and other cities in Bulgaria on June 28. The protest in the capital Sofia..
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