Bulgaria is making the necessary progress towards adopting the euro, according to representatives of the European institutions whom Finance Minister Temenuzhka Petkova met with. This progress will allow Bulgaria to request extraordinary convergence reports from the European Central Bank (ECB) and the European Commission regarding its readiness to introduce the euro, the Ministry of Finance announced. Minister Petkova met in Brussels with ECB President Christine Lagarde, Eurogroup President Paschal Donohoe and EU Commissioner Valdis Dombrovskis.
“A good first discussion with Temenuzhka Petkova, Bulgarian Minister of Finance – looking forward to strong cooperation. The EU Commission will continue to support Bulgaria on its path to Euro Area accession”, Commissioner for Economy and Productivity Valdis Dombrovskis wrote on X.
Bulgaria’s debt for 2024 amounts to BGN 48.846 billion (EUR 24 billion), or 24.1% of the country’s GDP, preliminary data from the National Statistical Institute (NSI) show. In 2023, the country's debt was BGN 42.383 billion (EUR 20.8 billion), or..
A working individual living in a one-person household needs a net monthly income of 1,521 BNG (EUR 747) to cover basic needs. A three-member household needs 2,738 BGN (EUR 1,344). The income needed to cover minimum living costs increases by..
"Flower in a Test Tube" is an innovative project that creates a new product using plant biotechnology. But it does more than that—it tells a story about the power of the human mind and heart. The idea comes from Petar Neftelimov, a young man born with..
sunshine, cloud, rain and thunder
Cloudy
Mostly Cloudy
Partly Cloudy