During the January-August 2021 period, Bulgaria has increased its export of commodities to the EU by 23.5% compared to the same period of 2020, to reach 28.796 billion Leva (14.723 billion euro). Imports from the EU have also gone up by 25%, to reach 29.026 billion Leva (14.841billion euro).
Bulgaria’s principal trading partners are Germany, Romania, Italy, Greece, France and Belgium which account for 69.6% of the exports of the EU member countries, National Statistical Institute data show.
The preparation of the non-banking financial sector for the introduction of the euro is at a very advanced stage and a significant part of it has already taken concrete measures to adapt to the new currency, the new chairman of the Financial..
The likelihood of Bulgaria joining the eurozone on 1 January 2026 is growing by the day. The country would become the 21st EU member to adopt the single currency. The signals are coming both from the Bulgarian government, which has repeatedly stated..
The Bulgarian National Bank (BNB) has again reduced the key interest rate in the country . As of May 1, it will now be 2.24 percent. The decrease compared to April is 0.15%, when it was 2.39 percent. This is the eighth consecutive month of a decrease in..
Due to Bulgaria's accession to the eurozone, the international rating agencies Fitch Ratings and S&P Global Ratings have upgraded the..
The main challenges in introducing the euro in Croatia were the weak economy and poverty of the population. This was said in an interview with the..
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