World-famous economist Prof. Steve Hanke, who introduced the currency board in this country said, in an interview with bTV, that Bulgaria’s accession to the Eurozone will raise the risk of higher inflation.
Prof. Hanke also criticized the way in which the adoption of the euro is being analyzed and pointed out that it was a political decision, adding that that was the old approach by the Borissov government which wanted to do it in secret. Prof. Hanke said further that there has been no cost-benefit analysis of the adoption of the euro for society and for the economy, adding that such an analysis has to be done by the Bulgarian National Bank and the Ministry of Finance.
If there is no parliamentary group of the ''Morality, Unity, Honor'' party (MECH) on March 26, we will start blockades, said MECH leader Radostin Vassilev at a press conference. He demanded the resignation of National Assembly Speaker Natalia..
Another major infrastructure project in Bulgaria is moving forward. The technical project for the construction of the tunnel under Mount Shipka will be ready this year. If approved, the construction of the facility will begin as early as 2025,..
Nearly half of Bulgarians prefer the cabinet to continue governing over the alternative of new elections. However, the majority does not believe that Rosen Zhelyazkov’s cabinet will complete a full term, indicates data of a representative survey..
Bulgaria has improved its rating in the World Happiness Report , but remains 85 th out of 147 countries, which is the lowest position for an EU..
The importance of eurozone membership for Bulgaria was the focus of Prime Minister Rosen Zhelyazkov's meeting with European Central Bank President..
On Thursday at 11.01 a.m., astronomical spring will arrive. The minimum temperatures will be minus 5 °C and 0°C. In Sofia, it will be around minus..
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