Adopting the euro in Bulgaria will discipline the banking system and will bring down interest rates, said Prime Minister Boyko Borissov at the 13th annual meeting between businesses and the government, dedicated to Bulgaria’s entry into the Eurozone.
The Bulgarian prime minister asked the rhetorical question: “Who is afraid of the introduction of the euro and why? Tax revenues in 2018, compared to 2014, are 50 percent higher which is an indication that the systems and transparency are working well. Our external debt this year will reach 18.6 percent and that will place us next to the countries with the lowest debt rate in the EU”, Boyko Borissov declared, and added that investments have gone up, and that they are in the real economy, while Bulgaria’s exports to Germany exceed imports.
On his part, European Commission Vice-President for the Euro and Social Dialogue Valdis Dombrovskis said at the forum that the introduction of the euro was important to small and open economies like the economy of Bulgaria which relies on export and tourism.
The Bulgarian Hotel and Restaurant Association (BHRA) presented its annual awards for professional achievements in the field of tourism. The Bulgarian National Television (BNT), the Bulgarian National Radio (BNR) and the Bulgarian Telegraph Agency (BTA)..
Due to the outbreak of Peste des Petits Ruminants (sheep and goat plague) in Velingrad and the subsequent protests by farmers, 300 new samples will be taken today. Currently, 1,700 sheep are at risk of being forcibly euthanized. The decision for a..
Exactly a month after the parliamentary elections on October 27, the first session of the 51st National Assembly, which started on November 11, continues today. MPs will make a sixth attempt to elect a speaker. During the fifth..
According to unofficial information, the Hungarian Presidency of the Council of the EU has drafted a decision for the full admission of Bulgaria and..
As of next year, use of solid fuels for domestic heating in buildings which are part of central heating and gas supply networks will be banned in nine..
The number of crimes committed in the conditions of domestic violence has gone up by 54% since the beginning of the year compared to last year, the..
+359 2 9336 661