The English Premier League Cup to Visit Sofia on February 25
The English Premier League Cup, one of the most prestigious trophies in football, will make its way to Bulgaria
Bulgaria was almost ready to join the Eurozone, former Finance Minister Simeon Djankov said.
It now lags "behind Romania and Lavtia" in its way to the euro despite leading on them before and will need five or six years to catch up, Djankov, who had the finance portfolio (2009-2013), argued.
In an interview with public broadcaster BNT, he stressed a new structure was needed at the EU Commission to withstand any kinds of forthcoming crises.
He also hailed Jean-Claude Juncker, poised to head the Commission, as “active, attentive.. a friend of Bulgaria,” stressing it was Sofia's interest that he should assume the office.
Djankov downplayed claims of a bank crisis in Bulgaria following runs on FIBank and KTB, saying there was rather “a short-term crisis of confidence... in the political class,” with politicians fighting each other to show dominance and banks were among structures affected by the process. He called for a change of “old faces” in politics.
Commenting on the decision of Russian VTB (where he recently joined the Supervisory Council) not to purchase troubled Bulgarian KTB, he reminded his company was largely an investment bank and acquiring a commercial one was not “a typical” move.
A year has passed since Alexei Navalny, Russia’s most prominent opposition leader and anti-corruption activist, was murdered in an Arctic penal colony under Vladimir Putin’s regime
The Bulgarian government has effectively abandoned its plan to enter the eurozone on January 1, 2026
On December 11, the Council of Ministers of Bulgaria approved the draft state budget for 2025
Bulgaria has made little progress in implementing the recommendations of the Organization for Economic Cooperation and Development (OECD), despite its ambition to join the OECD and its stated intention to align with its corporate governance guidelines.
Adelheid Wolfl's commentary in the Austrian daily Der Standard discusses the implications of the upcoming US elections for Bulgari
With less than two weeks until a pivotal election, the American public is eager for clear policy solutions from both former President Donald Trump and Vice President Kamala Harris aimed at rebuilding the economy and enhancing national security
Bulgaria's Perperikon: A European Counterpart to Peru's Machu Picchu
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