The European Commission welcomes Bulgaria's continued ambition to join the euro area when all criteria for this are met, the institution told BNR following the news that Bulgaria will miss its January 1, 2024 target date for joining the euro zone.
"Accession to the euro area is governed by transparent rules and criteria that ensure fair treatment of applicant countries and successful membership. Regardless of the specific date of accession, the Commission will continue to work with Bulgaria to enable its successful membership of the single currency area," Brussels said.
"The eurozone is by no means a mirage and will not remain a mirage," Deputy Finance Minister Metodi Metodiev told Nova TV, stressing that Bulgaria must curb inflation and implement promised reforms.
In 11 district cities in Bulgaria, 1 square meter of residential space costs under EUR 1,000. In 13 district cities, the price ranges from EUR 1,000 to EUR 1,400. In Sofia and Varna, 1 square meter of residential space costs EUR 2,400, National Real..
On the last day of last year, the Egyptian Minister of Investment and Foreign Trade Hassan al-Khatib awarded a total of nine gold licenses at a ceremony at the General Agency for Investment and Free Zones, which was also attended by the Bulgarian..
Based on preliminary data, the Finance Ministry expects a deficit of around BGN 6.1 billion ( €3.11 billion), or 3% of the projected gross domestic product (GDP), at the end of 2024. "Estimates suggest that the deficit will show an improvement..
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