Bulgargaz Pursues Legal Action Against Gazprom Over Gas Supply Cuts
During a briefing at the Ministry of Energy, it was revealed that Bulgargaz intends to pursue legal action against Gazprom Export, seeking damages amounting to BGN 400 million
An official of the Bulgarian National Bank (BNB) announced on Thursday that a BGN 2 coin will replace the banknote of the same denomination until the end of the year.
This was stated by BNB's Deputy Governor in charge of the Issue Department Kalin Hristov, who is nominated for serving another term under the newly elected governor Dimitar Radev.
BNB has made a lot of efforts to reduce the expenses in the production of banknotes through the so-called tender procedure, which is in use by the European Central Bank (ECB).
Hristov also revealed that all currency standards, which are required by ECB, have been implemented, Darik radio informs.
The deputy governor added that a process is underway to certify the mint of BNB for printing euro banknotes with the aim of preparing the country for its participation in the eurozone.
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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
In the initial quarter of 2024, Bulgaria's economy expanded by 0.4%, as per an expedited evaluation by the National Statistical Institute (NSI), a slight deceleration from the 0.5% growth witnessed in the final quarter of the preceding year
According to Levon Hampartzoumian, the likelihood of Bulgaria joining the Eurozone in 2025 is very slim, as no country has ever entered during the middle of the year
According to Dimitar Radev, the Governor of the Bulgarian National Bank (BNB), Bulgaria will not meet all the requirements for joining the Eurozone by the time the convergence report is released in June
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