At the end of 2024, Bulgaria's macroeconomic indicators fully met the Maastricht criteria for Eurozone membership, BGNES informs.
According to Eurostat data, inflation from June to November was below 3%, which is a requirement for adopting the single currency. The other important indicator for entering the Eurozone is the budget deficit, which will also be within 3%. In addition, Bulgaria has the lowest unemployment in recent years of about 4% and the debt to Gross Domestic Product ratio is nearly two times lower than the set criterion of 60%.
The European Commission's forecasts for Bulgaria’s economic development are positive - this year inflation is to decrease to 2.3% and the fiscal deficit is to reach 2.8%. Based on these data, economists believe that Bulgaria can become a member of the Eurozone in the middle of this year or in early 2026.
Until October 10, the Bulgarian minesweeper “Shkval” and ships from the Naval Mine Countermeasure Group in the Black Sea will participate in the multinational exercise Poseidon-25, the Ministry of Defense announced. The seventh activation of the..
Bulgaria's Ministers of Interior Daniel Mitov and Regional Development and Public Works Ivan Ivanov discussed the first procedures for repairing the damage caused by the heavy rainfall in recent days , the press center of the Interior Ministry..
Seven unaccompanied refugee children from Syria, settled in the Ovcha Kupel district in Sofia, stand before the lens of Mihaela Vacheva for the photography exhibition “What I Keep”, BTA reports. The event opens today at the capital’s Port A Gallery...
On Tuesday, Bulgaria will experience cloudy and rainy conditions , with prolonged and heavy rain expected in the eastern and northern regions. In the..
The European Commission will announce next month the amount under the Recovery and Resilience Plan (RRP), the payment of which may be withheld if the..
''I apply the best British practices for the development of science communication in Bulgaria'', said Lyubov Kostova, Member of Board Trustees of..
Overcast, rain
Occasional showers
Rain