Gaza Faces Critical Hunger as UN Suspends Aid Due to Military Operations
The United Nations has halted food distribution in Rafah due to a severe shortage of supplies and insecurity in the area
Chairman of Bulgaria’s Financial Supervision Commission (FSC), who is on a visit to Israel, has met Israel’s Prime Minister Benjamin Netanyahu on Wednesday.
Head of Bulgaria’s Financial Supervision Commission (FSC) Stoyan Mavrodiev has discussed opportunities to deepen bilateral cooperation in the fields of economics, finances and investments with Israel’s PM Netanyahu, informs FSC’s website.
Financial stability, low taxes and direct access to European markets are among Bulgaria’s advantages as a destination for Israeli investment, pointed out FSC’s chairman to the Prime Minister of Israel during their meeting.
As part of his working visit to Israel, Mavrodiev participated in the prestigious business conference Go4Europe, an event on raising funds and establishing strategic alliances in Europe.
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Starting from January 1, 2025, Bulgaria aims to raise its minimum wage to at least BGN 1,080 (EUR 552), a significant increase from the current BGN 933
Bulgaria’s prospects for joining the euro in 2025 have been bolstered by a cooling annual inflation rate, which dropped to the eurozone average of 2.4% in April, marking its first dip below 3% since the summer of 2021
In April, inflation across the European Union remained steady, with both the EU and the Eurozone recording a rate of 2.6% and 2.4%, respectively, according to data from Eurostat, the official statistics agency of the EU
Julian Voinov, an economist and financial expert, expressed optimism regarding Bulgaria's potential adoption of the euro in 2025 or early 2026
This was stated by the Governor of the Bulgarian National Bank at the international conference "Bulgaria in the Eurozone, When?" in Sofia
Former Finance Minister Simeon Dyankov has suggested that Bulgaria's potential entry into the Eurozone may not materialize before 2026
Sofia Airport's Terminal 3 Construction Set to Begin in Early 2026
COVID-19 Impact: Bulgaria's Grim Milestone as Highest Death Rate in EU