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 2024 summer season has meant more in every respect – more revenues, tourists, sunny days, even more than the record-high results of 2019, caretaker Minister of Tourism Evtim Miloshev said in an interview with bTV. But there are more problems as..
Writers and choreographers from Bulgaria, Venezuela, Lithuania, Turkiye and France will participate in the third edition of the international interdisciplinary festival Leap Off Page, which takes place from today until October 6 in Ruse, the..
“Step Out of the Bubble” is the motto of Sofia DocuMental—the first international festival for creative non-fiction film with a focus on human rights. The festival will officially open today in Sofia and will continue until October 6. 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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