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 mainly caused by the lack of a regular government and clear political commitment. Rising inflation is also a big problem", Dimitar Radev noted.
“The political decision about the Eurozone would have a price and it would not be small. However, if Bulgaria does its job and shows political will to adopt the euro on January 1, 2024, the European institutions may compromise in the event that the country fails to fulfill the inflation criterion, Dimitar Radev said, quoted by “Capital”.
In 2024, Bulgarian employers increased the import of labor from non-EU countries, according to data from the National Employment Agency. A total of 15,560 foreign nationals arrived for short-term employment, which is 35% more than in 2023. Most..
Bulgaria and North Macedonia will not jointly celebrate the 153rd anniversary of the birth of Gotse Delchev on February 4. Bulgaria has not received an invitation to commemorate Gotse Delchev's birth anniversary together, Minister of Foreign Affairs..
On February 3, Prime Minister Rosen Zhelyazkov will participate in an informal meeting of EU leaders focused on strengthening European defense. The informal meeting will take place at the Palais d’Egmont in Brussels. The discussions will cover..
Economists and financiers have started a petition demanding that a request for an extraordinary convergence report on the introduction of the euro in..
The Deputy Chairman of VMRO, Carlos Contrera, called for a boycott of large food chains in Bulgaria ''because of high prices''. His call on Facebook..
Some of the existing mobile networks in Bulgaria will be switched off in 2025. The Chairman of the Communications Regulation Commission, Ivan..
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