The decision of the UK to leave the European Union will have a serious impact on the financial resources in the energy system of Bulgaria. The Bulgarian energy sector relies heavily on donor programs of the EU, but Brexit now requires major revision of these funds as the UK used to import around 25 billion euros worth of energy annually, energy expert Professor Atanas Tasev said. Bulgaria will be able to receive its needed funding if it presented attractive projects with acceptable schemes for financing, professor Tasev added. He pointed out that it was imperative to focus on the renovation of energy infrastructure.
The balances in all bank accounts in Bulgarian levs will be automatically converted to euros from the date of the country's accession to the eurozone at the officially announced exchange rate (1.95583 BGN = 1 EUR). That will be done free of charge,..
The tenth anniversary edition of the folklore festival of Bulgarians abroad "On the Town Square of the Other Bulgaria" will be held on June 6, 7 and 8 in the French city of Lyon, returning to the place where all started back in 2015...
Writer Krastyo Ribarov celebrates his 102nd birthday today. According to the 2021 Guinness World Records, he is the oldest author-storyteller, who published his first book - a collection of humorous stories, at the age of 98, reports..
''Today, the European Commission and the European Central Bank categorically stated that Bulgaria meets the criteria for eurozone membership. This..
According to data from the Ministry of Labor and Social Policy, the average salary in Bulgaria during the first quarter of 2025 amounted to 2,443 BGN..
Joining the Eurozone, which includes 20 major European economies, will have an impact for the next 10, 20, 30 years, Bulgaria’s Premier Rosen..
+359 2 9336 661