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Bulgaria's Path to Eurozone Entry: Finance Minister Asserts Caretaker Government's Role

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

Business » Finance | April 1, 2024, Monday // 10:28 | Viewed: 3666

Bulgaria Nears Eurozone Entry If Inflation Criterion Met, Says Finance Minister

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

Business » Finance | March 29, 2024, Friday // 14:24 | Viewed: 2742

Up To BGN 5,000 Fine For Incorrect Conversion And Rounding Of Prices From BGN To EUR

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

Business » Finance | March 28, 2024, Thursday // 12:42 | Viewed: 3208

Rounded Prices in Euros to Hit Bulgarians' Pockets after Eurozone Entry

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

Business » Finance | March 27, 2024, Wednesday // 17:10 | Viewed: 7832

Bulgaria's E-commerce Set to Contribute 2.11% of GDP in 2023

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

Business » Finance | March 27, 2024, Wednesday // 15:23 | Viewed: 3358

Cost of Euro Adoption in Bulgaria Estimated at Over Half a Billion Levs

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

Business » Finance | March 27, 2024, Wednesday // 10:29 | Viewed: 2624

Experts Assert: Euro Introduction in Bulgaria Won't Lead to Price Hikes

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

Business » Finance | March 27, 2024, Wednesday // 09:31 | Viewed: 2408

Bulgaria's Euro Transition: Draft Law Unveiled for Public Discussion

The Ministry of Finance has released a draft law for public discussion concerning the adoption of the euro in Bulgaria. The primary aim of the proposal is to ensure a smooth and transparent transition to the European currency

Business » Finance | March 26, 2024, Tuesday // 18:07 | Viewed: 4010

Bulgaria Retains Lowest Purchasing Power in EU, While Luxembourg Tops the Charts

The latest data released by Eurostat, the official statistical office of the European Union, reveals that Bulgaria continues to grapple with the lowest purchasing power within the EU

Business » Finance | March 26, 2024, Tuesday // 14:12 | Viewed: 3065

Bulgarian Ministry of Finance Launches Euro Information Website: Your Guide to the Currency Transition

In a proactive move towards preparing Bulgarian citizens and businesses for the adoption of the euro, the Ministry of Finance has unveiled a comprehensive information website dedicated to the impending transitio

Business » Finance | March 25, 2024, Monday // 11:31 | Viewed: 2435

How to Keep Your Wallet Safe During War and Economic Downturns

Buffett said: "My secret to investing is to be greedy when others are panicked and panic when others are greedy.

Business » Finance | March 23, 2024, Saturday // 15:03 | Viewed: 3232

Eurozone Countries Applauds Bulgaria's Progress Towards Euro Adoption

Bulgaria's strides towards adopting the euro have garnered recognition and praise from the eurozone countries

Business » Finance | March 22, 2024, Friday // 14:20 | Viewed: 4914

Bulgaria Starts Year with Current Account Surplus: BNB Data

The current account for Bulgaria in January 2024 showed a slight deficit of EUR 3.6 million, as reported by the latest data from the Bulgarian National Bank (BNB) regarding the country's balance of payments

Business » Finance | March 22, 2024, Friday // 09:56 | Viewed: 2210

Gold Hits Record Highs on Federal Reserve's Rate Cut Hints

The price of gold has shattered through a historic barrier, reaching an unprecedented level of $2,200 per troy ounce, following confirmation by the Federal Reserve of three anticipated interest rate reductions this year

Business » Finance | March 21, 2024, Thursday // 16:04 | Viewed: 2022

Bulgaria to Introduce Electronic Receipts

Bulgaria is ushering in a new era of digitalization in its retail sector as merchants will soon have the option to issue electronic receipts for goods or services sold

Business » Finance | March 21, 2024, Thursday // 12:30 | Viewed: 3145

IMF Forecasts Realistic Timeline for Bulgaria's Eurozone Entry in 2025

Jean-Francois Dauphin, the head of the International Monetary Fund (IMF) mission in Bulgaria, has expressed confidence that Bulgaria's accession to the Eurozone by 2025 is a realistic goal

Business » Finance | March 19, 2024, Tuesday // 16:00 | Viewed: 4381

IMF Concludes Regular Mission in Bulgaria, Recommends Restoring VAT to Pre-Pandemic Levels

The International Monetary Fund (IMF) has wrapped up its regular mission in Bulgaria

Business » Finance | March 19, 2024, Tuesday // 09:35 | Viewed: 2520

Bulgaria Anticipates Meeting Eurozone Inflation Criteria by September

Bulgaria is on track to meet the inflation benchmark required for Eurozone membership by September

Business » Finance | March 18, 2024, Monday // 11:04 | Viewed: 2998

Bulgaria Ranks Third in Europe for Gold Ownership Amidst Record Prices

Bulgaria emerges as a surprising leader in the realm of gold ownership, securing its position among the top three countries in Europe per capita

Business » Finance | March 13, 2024, Wednesday // 17:57 | Viewed: 4084

Bulgaria: Gasoline Up 3 Cents, Diesel Rises by 6 Cents/Liter in Last Month

Consumers may have noticed a slight uptick in fuel prices over the past month, with gasoline and diesel seeing modest increases in Bulgaria

Business » Finance | March 11, 2024, Monday // 14:47 | Viewed: 3186

Bitcoin Hits All-Time High

Bitcoin, the leading cryptocurrency, has surged to a new record high, surpassing $70,000 for the first time and reaching a peak of around $71,300,

Business » Finance | March 11, 2024, Monday // 10:16 | Viewed: 2876
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