Bulgaria's Tourism Shifts Toward Experience-Focused Stays as Demand Grows
Tourism in Bulgaria is increasingly shifting from traditional hotel stays to more experience-focused offerings
Bulgaria's Govt is working to restart the economy and to reduce administrative burden to business and citizens, says Bulgarian FinMin at IMF and WB annual meetings in Washington.
Bulgarian Government's current priorities are preparation of 2014 budget and introduction of measures to solve most pressing social problems, said Finance Minister Petar Chobanov at meetings with International Monetary Fund (IMF) Dutch Constituency Group of countries Executive Director, Meno Snel and World Bank (WB) Dutch Office Executive Director, Frank Heemskerk.
Bulgarian public finances will continue to operate under a currency board regime, in order to preserve Bulgaria's fiscal discipline, announced Chobanov at his meetings with IMF and WB officials.
Bulgaria's macroeconomic indicators looks really good and the country could benefit from its macroeconomic stability in terms of attracting more foreign investment, said Reza Mogadam, Director of the European Department at (IMF) during a meeting with Bulgaria's FinMin.
Improving Bulgaria's competitiveness and increasing confidence in public institutions are measures of of crucial importance, declared Minister Chobanov.
Bulgarian Finance Minister Petar Chobanov participates in Annual Meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF) in Washington on October 11 – 13.
Bulgarian National Bank Governor and Governor for Bulgaria in the IMF, Ivan Iskrov and BNB Deputy Governor Tsvetan Gunev accompany Chobanov as members of the Bulgarian delegation.
Boyko Borissov, leader of GERB, defended the government’s progress on Bulgaria’s path to the eurozone
Bulgaria could adopt the euro as its official currency from January 1, 2026, if it successfully meets the necessary criteria for joining the eurozone
The municipal councils in Kozloduy and Krivodol have become the first in Bulgaria to implement dual pricing for municipal services, taxes, and fees
Bulgaria’s draft budget for 2024 raises questions about its realism and whether it is a mere strategy to appease the European Commission and the European Central Bank
Parvomay Municipality in Bulgaria has become one of the first to prepare for the country’s euro adoption
Professor Steve Hanke, who established Bulgaria’s currency board, emphasized that the country should maintain the current system, as it continues to work effectively
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