Cash in Bulgaria exceeds BGN 30 billion. The Association of Banks in Bulgaria is urging citizens to deposit their cash before the introduction of the euro, explained James Jolovski, Secretary General of ABB, in an interview with the Bulgarian National Radio.
Positive assessments by the European Central Bank and the European Commission on the country's readiness to join the eurozone are expected in June. The final political decision is expected in July.
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''People don't need to worry. In fact, the trend suggests that there might be a slight decrease in interest rates after joining the euro area. Joining the eurozone cannot lead to an increase in the prices of banking services. Once the money is deposited into an account, an automatic and free conversion from BGN to EUR can be done'', explained Associate Professor Jolovski.
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On Thursday, minimum temperatures will range from 8°C to 14°C. Around 9°C is expected in Sofia. Cloud and rain expected in western and central Bulgaria in the morning, and short showers in the east later. Risk of heavy downpours overnight. The..
The Supreme Court of Cassation has dismissed the case over the expulsion of Delyan Peevski from the Movement for Rights and Freedoms and several other people. This happens a day after "DPS - New Beginning" announced that Dzhevdet Chakarov had..
In the first quarter of 2025, 1.1 million Bulgarian citizens made tourist trips. 75.7% of them traveled only in the country; 20% - only abroad, and 4.3% traveled both in the country and abroad, according to NSI data. Bulgarian citizens aged 45 -..
Students of medicine, young doctors and medical specialists from six towns – Sofia, Plovdiv, Pleven, Burgas, Varna and Stara Zagora – are staging..
Household consumers will remain on the regulated electricity market for an unlimited period, said Energy Minister Zhecho Stankov at a briefing at the..
Rose picking season is starting this year with serious problems because of the prolonged cold spell, BGNES reports. The people in this line of..
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