We have preserved the main priorities of Bulgaria, said caretaker Prime Minister Dimitar Glavchev at the beginning of today's government’s meeting. "It is increasingly likely that this will be our last regular meeting. We continue..
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..
Progressive income taxation allows a country's resources to be shared more successfully with society. The 10% flat tax has played its role in shedding light on incomes, but it's time to replace it, Kristalina Georgieva, managing..
We no longer offer the cheapest labor in the EU. With the increase in incomes, we have overtaken Hungary and Bulgaria is now second to last, Prime Minister Nikolai Denkov said at a Facebook briefing. The only thing that stops us for the Eurozone is the..
Bulgaria will write down in an official document the date January 1, 2025 as the target date for adopting the euro , according to a project published on the government website. The country missed January 1, 2024 - the previous..
The European Commission welcomes Bulgaria's continued ambition to join the euro area when all criteria for this are met , the institution told BNR following the news that Bulgaria will miss its January 1, 2024 target date for joining the euro zone...
Bulgaria's preparation for eurozone membership is on track, according to an article by Minister of Finance and Deputy Prime Minister Asen Vassilev in the Bulletin of the Association of Commercial Banks. He does not mention a date for the changeover..
A report of the European Central Bank, published on Tuesday, reads that none out of seven countries that want to join the euro area, including Bulgaria, actually meets all the criteria for joining the single currency community. The authors point out that..
