Eurozone Entry for Bulgaria Faces Challenges Amid Government Uncertainty
Concerns loom over Bulgaria's potential entry into the eurozone as the nation grapples with political instability in the months ahead
Concerns loom over Bulgaria's potential entry into the eurozone as the nation grapples with political instability in the months ahead
Bulgaria is on the brink of shedding its label as the "poorest" country in the European Union, with recent data revealing a promising trajectory towards economic convergence
Recent data released by the European Statistics Office Eurostat shows that the unemployment landscape in the European Union (EU) remained stable in February, with the unemployment rate holding steady at 6 %
As a result of the accession of Bulgaria to the Schengen area from the end of March 2024, a change is also required at Sofia airport regarding the exit used by passengers for domestic routes in the country operated by the national carrier
The Ministry of Finance in Bulgaria has revised its inflation predictions for the year 2024, slashing them by half compared to previous estimates
Bulgarian banks have injected approximately 3.7 billion in additional credit resources into the housing market over the past year alone, with a staggering total of over 8 billion in the last three year
In an important stride towards global transparency and cooperation in tax matters, Bulgaria has received a laudable rating of Largely Compliant from the OECD Global Forum on Transparency and Exchange of Information for Tax Purposes (GFTEITP)
As Bulgaria grapples with economic challenges, economists highlight the country's lagging position in the European Union, particularly in terms of purchasing power
Bulgaria's Finance Minister, Assen Vassilev, asserts that Bulgaria can attain Eurozone membership by 2025, with the caretaker government capable of steering the nation towards this goal
A landmark moment unfolds at Burgas Airport as the first Schengen flight touches down, signaling a new era of travel efficiency and convenience for passengers
Thr Israeli army announced the death of yet another soldier in the ongoing conflict in the Gaza Strip, bringing the somber tally to 600 lives lost since October 7, 2023
According to the National Statistical Institute, the overall business climate indicator in March 2024 remains stable compared to February, hovering around 23%
The concessionaire company Fraport Twin Star Airport Management announced that Burgas Airport will kick off the active flight season with its first flight since Bulgaria's entry into the Schengen area by air, scheduled for the end of March.
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
"Bulgarian Railways" (BDZ-Passenger Services EOOD) has inked a contract with Deutsche Bahn for the supply of 76 state-of-the-art passenger wagons
After nearly a decade-long absence, the renowned French retail chain Carrefour has made a triumphant return to Bulgaria, marking its comeback with the opening of two supermarkets in Sofia
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
Svetoslav Stanulov, chairman of the Association of Bulgarian Airlines (ABA), has emphasized the need to assess Sofia Airport's potential as a hub for transit and transfer flights
Pegasus Airlines is set to recommence its scheduled flights between Sofia and Istanbul, marking a significant milestone in air travel connectivity between Bulgaria and Turkey
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