Until the average income of the population reaches 80% of the European average, we should not enter the euro area. Inflation goes along with it and there must be some reserves, Georgi Kadiev, former Deputy Minister of Finance, part of “The Left” party, has told the BNR.
According to him, however, Bulgaria is moving in the right direction and has reached 64% of the average European income. "We are on the grey list for money laundering. This is a reason to reject our joining. We don't even have a regular government. Why do we claim that we are ready for the Eurozone?", he said commenting on the claims of the BNB Governor that this country's entry into the Eurozone is possible in 2025. "If I had to bet, I would rather expect us to enter in 2027, but that doesn't mean we should miss on the chance for 2026," Kadiev said.
In the summer of 2024, a Sofia municipality and its residents showed how we can be happy and united as a community, sitting at one table. In July 2024, on Exarch Yosif Street and in September on Oborishte Street in the Bulgarian capital Sofia, the first..
The Garlic Festival will be held on September 21 and 22 at the stadium in the village of Dolni Rakovets, Radomir Municipality, Pernik Region . The event presents the traditional production of Dolni Rakovets garlic. Due to the favorable soil..
The Eldrive EV Fest 2025 will be held today at the Burgas Sea Station. The event is dedicated to electric cars and its program includes test drives, presentations of new models and an evening show. Visitors will be able not only..
On Friday, the minimum temperatures in Bulgaria will be from 6 to 14°C, in Sofia - 7°C. During the day it will be sunny. A light to moderate wind will..
On Saturday the lowest temperatures will be between 8 and 16°C; in some valleys – between 6° and 9°C, in Sofia – about 8°C. During..
The International Monetary Fund has recommended increasing social security and property taxes from 2026 . This was made clear during the hearing of..
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