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.
On Monday, July 1, President Rumen Radev will hand the first exploratory mandate to form a government to the largest parliamentary group - GERB- SDS. The coalition's nominee for prime minister will have seven days to propose to the president the..
Infamous drug kingpin Brendo, on Interpol's red list since 2018, has been hiding in Bulgaria for two years. This was announced in Parliament by caretaker Interior Minister Kalin Stoyanov. Evelin (Brendo) Banev, who turned himself in at Sofia..
The Bulgarian Socialist Party (BSP) is insisting that equipment from the Belene nuclear power plant not be sold to Ukraine. The left-wing parliamentary group has submitted a draft resolution to the National Assembly demanding that negotiations between..
Metropolitan Daniil of Vidin has been elected as the new Bulgarian Patriarch. He received 69 votes. Metropolitan Gregory of Vratsa received 66 votes...
The enthronement of the newly elected Bulgarian Patriarch, Metropolitan Daniil of Vidin, is over. The new spiritual leader was welcomed in St...
It will be sunny on Monday. There will be light southeasterly wind in the eastern parts of the country. The hot weather continues with maximum..
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