"Currently, Bulgaria is one of the few in the EU that unconditionally meets all nominal criteria for convergence to the eurozone, including the price stability criterion, with which we have had problems in recent years." This was what the Governor of the Bulgarian National Bank, Dimitar Radev, said at the opening of a conference dedicated to finance in Sofia.
He pointed out that geopolitical instability is among the main risks for the economy. "Increased fluctuations in the prices of key energy and non-energy raw materials affect the production costs of businesses and the disposable income of households," he added. In such a situation, it is very important to have buffers both in the banking system and in public finances. According to Radev, in this uncertain environment, the BNB will continue to implement a conservative supervisory and regulatory policy to ensure the sustainability of the banking system.
The Bulgarian and Turkish Chief Prosecutors, Borislav Sarafov and Muhsin Şentürk, held an official meeting in the Court House in Sofia . This is Muhsin Şentürk's first official visit to Bulgaria since taking office and follows the visit of a delegation..
Bulgarians, especially young people, need to understand that it is essential to have an employment contract to protect their labour rights, Labour and Social Policy Minister Borislav Gutsanov said in Varna. He noted that the informal economy in..
Five out of seven paediatricians at the capital's Fifth Multiprofile Hospital for Active Treatment "Knyaginya Klementina" have submitted their resignations over low salaries, said Dr Tatyana Dolomanzhi, a resident doctor at the health facility. The doctors,..
On Sunday, the lowest temperatures will range between 1°C and 6°C, around 2°C in Sofia. During the day, it will be mostly sunny, with temporary..
Protests demanding safer roads following the death of 12-year-old Siyana Popova took place across the country. Thousands of people gathered in the..
The relations between Bulgaria and Turkiye—friendly, cooperative and steadily built over decades—are a guarantee for protecting not only national but..
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