Until the average income of the population reaches 80% of the European average, we should not enter the euro area. Inflation goes along with it and there must be some reserves, Georgi Kadiev, former Deputy Minister of Finance, part of “The Left” party, has told the BNR.
According to him, however, Bulgaria is moving in the right direction and has reached 64% of the average European income. "We are on the grey list for money laundering. This is a reason to reject our joining. We don't even have a regular government. Why do we claim that we are ready for the Eurozone?", he said commenting on the claims of the BNB Governor that this country's entry into the Eurozone is possible in 2025. "If I had to bet, I would rather expect us to enter in 2027, but that doesn't mean we should miss on the chance for 2026," Kadiev said.
The speculations of a rise in the price of sunflower oil in the coming months due to the poor harvest in the country will not come to pass, Vladimir Ivanov, chairman of the Commodity Exchange and Wholesale Markets State Commission said for the BNR...
A police operation was launched early this morning on the territory of Burgas against vote-buying. The operation aims to guarantee the normal process of voting at the early election for parliament on 27 October. Police are checking private..
Bulgaria is among the leading countries in the number of own homes, and first among 24 countries of Europe, the Deloitte global index shows. According to the data provided by national offices of Deloitte in surveyed countries, Bulgaria has the..
A State Aviation Operator crew is standing by to fly to Lebanon as soon as the phased evacuation of the Bulgarians there is given a green light. This..
Bulgaria has begun evacuating our fellow citizens who expressed a desire to leave Beirut following Israel's attacks on Lebanon. Some of the Bulgarians..
The speculations of a rise in the price of sunflower oil in the coming months due to the poor harvest in the country will not come to pass, Vladimir..
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