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”.
The Consulate General of Bulgaria in Los Angeles has issued recommendations due to two new fires that have broken out in the Los Angeles and Ventura counties in the United States. The Hughes fire has spread over more than 10,000 acres of land, while..
2025 marks the fifteenth anniversary of the discovery of the relics of St. John the Baptist during excavations on an island near Sozopol by a team led by archaeologist Professor Dr. Kazimir Popkonstantinov. The authenticity of the discovery has been..
On Friday morning, there will be fog in the lowlands and valleys. The cloud cover will start to increase from the west. The lowest temperatures will be between minus 2°C and 3°C, around minus 1°C in Sofia. During the day, there will be temporary..
Personnel and military equipment will be transported through the territory of Bulgaria between January 24 and February 9. The Ministry of Defense..
''Bulgaria has welcomed with great relief and joy the release of Bulgarian citizen Daniela Gilboa, who had been held captive by Hamas. This positive..
The oil spill in the Black Sea will not reach the Bulgarian Black Sea coast, BTA reported. According to an analysis of recent satellite images..
Mostly Cloudy
Fog
Partly Cloudy
Clear