The cabinet has set down 5 top priorities in its government programme until the end of 2024. The first priority is Bulgaria’s accession to the Schengen area by the end of this year. For the purpose border control needs to be consolidated,..
Deputy Prime Minister and Minister of Foreign Affairs Mariya Gabriel is paying a working visit to Brussels on 19 and 20 June, the Foreign Ministry has announced. In Brussels, Mariya Gabriel is to hold a bilateral meeting with European..
58% of Bulgarians believe it will be easy for them to adapt to the euro , indicates a sociological survey on the attitudes of the public and of businesses to the introduction of the euro in Bulgaria, conducted by Alpha Research and commissioned by..
"The accession to the eurozone will bring many positives to Bulgaria", said Alfred Kammer, Director of the European Department of the International Monetary Fund. "I think it's important for Bulgaria to focus on adopting the euro, because that will..
Bulgaria’s Vice President Iliana Iotova attended a conference named "Bulgaria in the eurozone". Iliana Iotova called for an awareness-raising campaign to answer people's questions and address their concerns about the effects of the introduction of..
The advantages of Bulgaria’s joining the Eurozone by far outweigh the risks, and now, more than 20 years after the introduction of the currency board, when the Bulgarian Lev was first pegged to the Deutsche mark and then to the euro, many experts are..
Raising the minimum wage from EUR 363 to EUR 435 is a very high increase, interim Finance Minister Rositsa Velkova told BNR. She exlained that a rise of 5 euros leads to a budget deficit of 25.5 million euros. There should be an increase, but not like..
"The Bulgarian banking sector is stable. The country's accession to the eurozone is a macroeconomic and political catalyst that should not be missed, said National Bank Governor Dimitar Radev before the conference "Banks and Business in Bulgaria..
Bulgaria’s National Assembly tasked the government with speeding up the process of adopting the single European currency on January 1, 2024 and set the exchange rate at 1,95583 Leva for 1 Euro. The proposal was put forward by the largest..
There is a real risk that Bulgaria will not be able to join the eurozone on January 1, 2024, the Governor of the Bulgarian National Bank Dimitar Radev warned during a hearing in the National Assembly. "The delay in joining the euro area is..
