The average annual inflation in Bulgaria will be 3%, according to data of the European Central Bank and the European Commission, said Finance Minister Assen Vassilev, who is in Ghent, Belgium, for the informal meeting of EU economic and financial affairs ministers. The only criterion for accession to the Eurozone that has not been met yet – inflation – will be fulfilled this year. This means Bulgaria will be able to adopt the euro in 2025, Assen Vassilev said.
“Entry into the Eurozone calls for a stable environment and a regular government, the only thing left is the Euro Adoption Law, which is at the European Central Bank for consultation,” Bulgaria’s finance minister said, and added that the country has set in motion difficult and long-delayed legislative changes and that that they should now start working for the benefit of the citizens.
Assen Vassilev was adamant that the rotation of prime ministers will take place.
Sofia Mayor Vasil Terziev and Deputy Mayor of Sofia for Finance Ivan Vasilev met in Bulgaria's capital with the European Bank for Reconstruction and Development Associate Director Donald Mishaxhiu. The purpose of the meeting was to explore..
Hristo Stoichkov has been appointed the Sports Tourism Ambassador for the World Tourism Organization (UN Tourism). This became clear at an official meeting in the Council of Ministers between Prime Minister Rosen Zhelyazkov, Minister of Tourism..
The second payment from the EU under the National Recovery and Resilience Plan of 653 million euros will certainly be refused, even though Bulgaria has implemented 85% of the reforms undertaken to this stage. This was stated at a briefing by Deputy..
Hristo Stoichkov has been appointed the Sports Tourism Ambassador for the World Tourism Organization (UN Tourism). This became clear at an official..
The common will and economic potential of the two countries are important prerequisites for the upward development of bilateral relations, said President..
The effects of the protests against supermarkets are being felt, Agriculture Minister Georgi Tahov said in Plovdiv, where he was attending a national..
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