Bulgaria will not be able to join the Eurozone at the beginning of 2024, because it has not adopted three crucial bills and does not meet the inflation criterion. According to experts, the country may adopt the single currency in mid-2024 at the earliest.
According to Valdis Dombrovskis, Executive Vice-President of the European Commission for An Economy that Works for People, January 1, 2025 is a possible date for Bulgaria’s Eurozone entry. For the purpose, Bulgaria has to meet the Maastricht criteria with inflation being the main problem. Valdis Dombrovskis is paying a two-day visit to Bulgaria to discuss issues related to Bulgaria's Eurozone membership, the country's Recovery and Resilience Plan, as well as other topics on the European agenda.
According to an analysis by the Electricity System Operator, a shortage of electricity is expected as early as January and February next year. At a thematic conference organized by the Center for the Study of Democracy in Sofia, Delyan Dobrev from..
Vice President Iliana Iotova pointed out that the changed texts in the Constitution have turned against their creators. Yotova told journalists that "because of these changes in the Constitution, the Speaker of the National Assembly cannot be..
New car sales in Bulgaria in October increased three times more than the average for the European Union , where the purchase of new cars is only 1.1%. According to the Association of European Automobile Manufacturers, 75.9% of cars registered in..
A quadripartite meeting of the interior ministers of Bulgaria, Hungary, Austria and Romania in Budapest on 22 November made it clear that Austria would..
Romania and Bulgaria have a chance to join the Schengen area by land as of January 2025 , Hungarian Interior Minister Sándor Pinter said after an..
The Sofia Christmas Festival will open tonight in the park in front of the National Palace of Culture in the heart of Sofia . The third edition of the..
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