Bulgarian President Radev Warns of Social Risks and 'Price Shock' from Eurozone Transition
President Rumen Radev once again declined to clearly express his support or opposition to the adoption of the euro in Bulgaria
Bulgaria's outgoing President Georgi Parvanov, his wife Zorka Parvanova, and his VP Angel Marin have now officially left the Presidency Building in downtown Sofia.
This is the last part of the Sunday inauguration ceremony for new Bulgarian President Rosen Plevneliev and aide Margarita Popova.
Parvanov and Plevneliev gave speeches at the Unknown Warrior monument in Sofia, went to the St. Alexander Nevski Cathedral, upon which they headed to the Presidency to hand down the office.
Upon leaving, President Parvanov was cheered by citizens assembled in front of the building, who handed him flowers.
"My last words as President will be words of thankfulness and gratitude for all those who understood and supported me. The judgement of history is forthcoming," said Parvanov.
Plevneliev's first meetings as President of Bulgaria will be with EU Regional Policy Commissioner Johannes Hahn and EU Aid Commissioner Kristalina Georgieva Sunday afternoon.
Brussels has unofficially warned Bulgaria’s Finance Minister Temenuzhka Petkova that the country’s euro adoption process could be suspended, according to BGNES, citing Nova TV.
"Everyone wants positions – in regulatory bodies and ministries," he emphasized.
Bulgaria’s toll system now has the technical capability to track average vehicle speeds, as announced by the National Toll Management following a meeting with Regional Development Minister Violeta Koritarova.
The income required to cover living expenses for a working individual and a three-member family with a child under 14 has remained almost unchanged compared to June, according to an analysis by the Confederation of Independent Trade Unions in Bulgaria (CI
The Council of Ministers has adopted a resolution to set the minimum wage at 1,077 leva, reflecting a 15.
Every 20 minutes, fire alerts are received from across Bulgaria.
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