Bulgaria’s Premier Boyko Borissov forecasted that Bulgaria would enter ERM2, also known as the Eurozone’s waiting room, in July this year. Huge investments are expected to be made in Bulgaria. Unemployment and contraband levels will fall below 5% and Bulgaria’s foreign debt will amount to 17.5% of the gross domestic product (EUR 61 billion) at the end of 2019, Premier Borissov further forecasted. Bulgaria began preparations for ERM2 in July 2018. According to Bulgaria’s Minister of Finance, this country can adopt the Euro no earlier than in 2022, but entering the Eurozone in 2023 is a more realistic scenario.
On Wednesday night, there will be rain showers in the south-western regions of the country. At 500 meters above sea level the rain will turn to snow. There will be no precipitation in the north-western regions of Bulgaria. During..
The coalition GERB/SDS are beginning talks for discussing joint political action within the 51 st National Assembly, the GERB/SDS press centre has announced. The meetings start on Wednesday, 13 November. Talks with the coalition Bulgarian..
The Confederation of Labour "Podkrepa" has strongly criticized the draft amendments to the Labour Code prepared by the Ministry of Labor and Social Policy, according to which the growth of the minimum wage is linked only to inflation. In a statement,..
The chairman of the Bulgarian Socialist Party-United Left urged the political forces in the new parliament to put their party selfishness aside so..
A government can be formed without DPS – A New Beginning, the Alliance for Rights and Freedoms, Vazrazhdane and MECH. All others can form a..
After two rounds of voting, the 51 st parliament failed to elect a National Assembly president. None of the candidates nominated – Natalia..
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