In December this year the Ministry of Finance will have covered the last of the criteria for accession to the Eurozone – inflation, said caretaker Deputy PM and Minister of Finance Lyudmila Petkova. Two weeks after fulfilling it, Bulgaria will ask..
Bulgaria fulfils three of the Maastricht criteria for joining the euro zone, but still does not meet the price stability and inflation targets, according to a report by the European Commission, as quoted by BTA. Bulgaria does not currently meet the..
We welcome the progress achieved by Bulgaria on its way towards adopting the euro and encourage the continued efforts towards meeting all the convergence criteria, reads a statement issued after the two-day Euro Summit in Brussels. In June,..
We shall find out whether Bulgaria meets the criteria for the introduction of the euro in June, 2024 , said Bulgarian National Bank Deputy Governor Andrey Gurov, in an interview with Nova TV. The convergence report which Bulgaria is..
Accession to Schengen and the Eurozone, membership of the Organisation for Economic Cooperation and Development – these are some of the top priorities of Bulgarian diplomacy. The target date for the introduction of the single European currency is set..
The compromise attained in 2022, for North Macedonia’s European perspective has clear-cut conditions which the candidate country must meet before the negotiations open, as well as throughout the entire process of negotiations, reads the official..
“The caretaker government has done a colossal amount of work so that the country may meet the membership criteria,” caretaker PM Galab Donev said in an interview with bTV, and added he does not accept the criticism coming from some political forces..
“The criteria for Bulgaria’s accession to Schengen, which are entirely technical, were met by the country as far back as in 2011. That is known well to all members of the Schengen area, including the governments of the Netherlands and Austria,”..
Raising the minimum wage from EUR 363 to EUR 435 is a very high increase, interim Finance Minister Rositsa Velkova told BNR. She exlained that a rise of 5 euros leads to a budget deficit of 25.5 million euros. There should be an increase, but not like..
Bulgaria’s entry into the Eurozone has, in recent weeks, entered the public domain, and vigorously. In the statements they have been making, government officials, businessmen and experts have even been making mention of the date for the..