The European Commission and the European Central Bank are expected to publish their convergence reports on Bulgaria’s readiness to adopt the euro on 4 June. If the reports are positive, Bulgaria will be able to adopt the euro on 1 January 2026.
The final decision on eurozone membership will be made by the Eurogroup — a body where finance ministers of eurozone countries coordinate economic policies and make key decisions about the shared currency — and the Council of the EU. According to the Ministry of Finance, this decision is expected to be announced in July.
Two weeks ago, Prime Minister Rosen Zhelyazkov commented, “We expect a positive convergence report for our accession to the eurozone, but until it is published, everything is hypothetical.”
Bulgaria’s Vertical Gas Corridor project is on track for completion by the end of 2026 , according to Energy Minister Zhecho Stankov, who stressed that it would help the country maintain its strategic position in South East Europe. Accompanied by..
Bulgaria’s coalition parties have agreed to introduce a rotating chairmanship of the National Assembly. At today’s joint governance council meeting, members also discussed next year’s draft budget. Kostadin Angelov, Deputy Chairman of..
Google has donated an additional $1 million to the Institute for Artificial Intelligence and Computer Technologies (INSAIT) at Sofia University , bringing its total investment in the institute to over $6 million. According to the institute’s website,..
Bulgaria’s draft social security budget indicates that the minimum wage from 1 January 2026 will be lower than the level set out in the Labour Code ,..
The necessary net monthly income for subsistence for a worker living alone in September 2025 is 1,547 leva (748 euros) . For a three-member family with a..
The ruling parties GERB-SDS, BSP-United Left and ITN signed an annex to their coalition agreement, specifying the rules for the rotation of the Speaker..
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