Is Bulgaria Ready to Join the Eurozone?
Bulgaria's aspirations to become the 21st member of the Eurozone have sparked discussions regarding the country's economic readiness, as well as its political and institutional preparedness
Bulgaria and Romania are reported with the lowest gross domestic product per capita for 2012 among the EU's then 27 member states.
According to the Eurostat’s estimate, Bulgarians' purchasing power comprises 47% of the EU GDP/capita average, with 50% for Romania.
Luxembourg ranks highest with GDP of 263% of the average. The country is followed by Austria with 130%, Ireland, the Netherlands, Sweden, Denmark, Germany and Belgium with GDP index of 20%-30% above the EU average.
Bulgaria ranks last in the EU in terms of actual individual consumption (AIC) per capita in 2012 with 49% of the EU average. Romania follows with 50%. The AIC per capita leader is Luxembourg with 138%, next come Germany and Austria.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
Bulgaria's aspirations to become the 21st member of the Eurozone have sparked discussions regarding the country's economic readiness, as well as its political and institutional preparedness
The European Central Bank (ECB) has weighed in on Bulgaria's draft Law on the adoption of the euro, signaling the need for revisions to ensure alignment with European regulations
A wave of misinformation regarding Croatia's inflation rates has sparked concerns about the potential consequences of adopting the euro in Bulgaria
Artificial intelligence is changing the world’s economic and political landscapes, pushing every country to increase their AI investments.
Passengers can now book tickets for attractions, museums, tours, sports matches, live events and theater performances through the Wizz Air website and app
It's that time of year when the sun rises earlier, the days are warmer, and the desire for rest and adventure calls more and more often
Sofia Airport's Terminal 3 Construction Set to Begin in Early 2026
COVID-19 Impact: Bulgaria's Grim Milestone as Highest Death Rate in EU