Bulgaria is making the necessary progress towards adopting the euro, according to representatives of the European institutions whom Finance Minister Temenuzhka Petkova met with. This progress will allow Bulgaria to request extraordinary convergence..
Stabilising state finances will be the main task of the Finance Ministry, its new head Temenuzhka Petkova said at her inauguration as minister. The only woman minister in the new cabinet, Petkova said that Bulgaria had an opportunity to introduce..
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..
41% of the member companies of the Bulgarian Industrial Association expect an economic decline in 2025. 21% believe there will be no change compared to 2024. 65% of the respondents anticipate a deterioration in their own business due to the..
Support for the eurozone in Bulgaria has increased by 9 points to 46%, according to data from the autumn edition of the Standard Eurobarometer survey. The survey was conducted between October 11 and November 1. However, the country remains divided on..
A year with good results in the banking sector, achieved in a difficult domestic and external environment. This is how the governor of the Bulgarian National Bank (BNB), Dimitar Radev, assessed the outgoing 2024 in an interview with..
A Eurobarometer survey has registered the highest level of trust in the European Union since 2007 and the highest level of support ever for the common currency, the euro, both in the EU as a whole (74%) and in the euro area (81%). In Bulgaria,..
International rating agency Fitch Ratings has affirmed Bulgaria's long-term foreign and local currency credit rating at BBB with a positive outlook, the Finance Ministry said. The positive outlook reflects the country's prospects for eurozone..
The parliamentary majority composed of GERB-SDS, PP-DB, the parliamentary group of the MRF and two independent MPs rejected the proposal of MPs Vazrazhdane party and ITN party to hold a national referendum on the adoption of the euro. A total of..
Without discussion and debates, the parliament adopted conclusively the Law on the Introduction of the Euro in Bulgaria. 167 MP from GERB-SDS, the Movement for Rights and Freedoms (DPS) and We Continue the Change-Democratic Bulgaria voted in..
