Bulgaria's Cardiovascular Crisis: Deputy PM Urges Action
Bulgaria is grappling with a staggering burden of cardiovascular diseases, with more than 6 million new cases and over 1.8 million deaths reported annually
HOT: » Assessing the Legacy of Bulgaria's "Denkov" Cabinet: Achievements, Failures, and What Comes Next
The financial crisis in Europe will not be over before five years, according to German Federal Chancellor Angela Merkel.
"Whoever thinks that the crisis can be overcome in one or two years is wrong," said Merkel at a regional forum of her Christian Democratic Union in Mecklenburg-Vorpommern.
However, she added that according to her the European Union is on the right track and is taking the right steps for recovery.
"Many investors believe that we in Europe can keep our promises. We must show resolve to convince the world what it is worth it to invest in Europ," said Merkel.
The German Chancellor argued that it is vital for the EU's recovery to perform well in attracting outside investments.
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During debates on a draft decision concerning the Bulgarian Energy Holding, Minister of Finance Asen Vassilev announced that Bulgaria is on the brink of entering the Eurozone as it meets the inflation criterion
In order to protect the economic interests of consumers, there will be a period of double labeling of the prices of goods and services - in leva and in euros
As Bulgaria inches closer to joining the Eurozone, concerns arise over the implementation of rounded prices in euros, potentially impacting citizens' wallets upon adoption of the single currency
On a briefing held at the National Press Club of BTA, Nikola Ilchev, the creator and organizer of the Balkan eCommerce Summit, showed projections indicating a significant rise in Bulgaria's e-commerce sector
The Ministry of Finance in Bulgaria has revealed that the process to facilitate the exchange of levs with euros in the country will come with a hefty price tag, estimated to be at least BGN 500 million
As Bulgaria steers towards adopting the euro, economists dispel concerns over potential price increases, assuring the public that the impact on inflation will be minimal
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