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 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 Ministry of Interior announced on International Day for the Elimination of Violence against Women. A..
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 Sofia regions, Deputy Mayor of Sofia Nadezhda Bobcheva announced at the opening of a round table..
“ There will only be negotiations among party leaders if they are for the formation of a ruling majority and a regular government,” GERB party declared at a briefing after a meeting of GERB’s executive commission, in regard to a possible meeting..
According to unofficial information, the Hungarian Presidency of the Council of the EU has drafted a decision for the full admission of Bulgaria and..
The first marble statue discovered in the ancient city of Heraclea Sintica on 3 July, is probably of Lucius – grandson of Roman Emperor Octavian..
During the night, the weather will be predominantly clear and calm. There will be fog or low clouds before midday in parts of the lowlands, valleys..
Partly Cloudy
Mostly Cloudy