“In 2022 inflation in Bulgaria will be brought under control,” Dimitar Radev, Governor of the Bulgarian National Bank, BNB, stated for bTV.
“Joining the Eurozone will push up incomes. It is no coincidence that the trade unions are among the biggest supporters of the process. The BGN-EUR exchange rate when the country switches over to the common currency will remain fixed at 1.95583 Leva per 1 euro. People’s savings accounts will automatically be changed over to euro. For a brief period, the two currencies will be used in parallel,” BNB’s governor stated.
Dimitar Radev added that there is a surge in the purchase of housing property, but that there is no “property market bubble”, and that citizens' bank accounts have been increasing.
"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..
The annual growth of incomes outpaced that of expenses in 2024. According to data from the National Statistical Institute, in 2024 the average annual total income per household member in Bulgaria reached 12,857 BGN (6,573.68 EUR) and increased by 18.5%..
The pig meat sector in Bulgaria is showing signs of growth. This was announced at the International Forum "Modern Trends in Pig Farming: Scientific, Market and Regulatory Aspects", held today in Stara Zagora. It was highlighted that 53% of the..
Partly Cloudy