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.
After a long journey from the capital Sanaa to the port city of Hodeidah, I managed to meet with the two Bulgarians in Yemen, said MEP Elena Yoncheva. They met outside the hijacked ship Galaxy Leader, in a location chosen by the Houthis for security..
Chefs from Bulgaria, Ireland, France, Italy, Romania, Colombia, Mexico, Peru, Puerto Rico, United Arab Emirates, China and Japan are among the finalists of the prestigious World Paella Day CUP competition in Valencia, Spain...
On Friday it will be cloudy, as in the afternoon cloudiness will be significant. There will be precipitation in some places, as in the south-western massifs and in the south-eastern areas of the country it will be intense. The..
In response to media reports that a company registered in Bulgaria supplied pagers to the Lebanese organization Hezbollah, which were subsequently..
GERB leader Boyko Borissov has called for the resignation of North Macedonian Deputy Prime Minister Aleksandar Nikoloski because of his..
Most of the country will be cloudy on Thursday . Showers will occur in the afternoon in the south-west and in isolated places in the north-east. Minimum..
+359 2 9336 661