Bulgarian National Bank (BNB) Governor Dimitar Radev has met with EU ambassadors and discussed the country's upcoming accession to the eurozone, the BNB announced. The meeting was held in Sofia at the invitation of Hungarian Ambassador Miklós Boros within the framework of the Hungarian Presidency of the EU. The current state and prospects for the Bulgarian economy, finances and preparations for Bulgaria's accession to the monetary union were discussed. The BNB Governor pointed out the need for political, institutional and fiscal consolidation as a key element of the current agenda.
Meanwhile, on December 3, the BNB launched the TIPS (Target Instant Payment Settlement) service in the country, which allows instant local and cross-border transactions in euros, the central bank's press center announced.
There are no plans for the privatization of the Vazovski Machine-Building Plants (VMZ) in Sopot, and the information circulating in this regard is speculative, said Bulgaria’s Minister of Economy and Industry Petar Dilov at a working meeting..
In 2024, the real estate market in Bulgaria registered a significant rise, with prices increasing by around 16%, and the number of real estate transactions going up as well. Real estate prices along the Black Sea coast have continued to grow,..
The real estate market in Bulgaria has steadily been growing in the past few years. There has been talk of a price bubble, inflated to serious proportions at the time of the pandemic, though expectations that it is going to burst have come to nothing...
There are no plans for the privatization of the Vazovski Machine-Building Plants (VMZ) in Sopot, and the information circulating in this regard is..
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