Wow Moment for Bulgaria! Nikola Tsolov Wins His First Formula 2 Race
Bulgarian racing talent Nikola Tsolov opened the 2026 Formula 2 season with a major achievement, taking victory in the main race at the Albert Park circuit in Melbourne
People walk at the courtyard of the Georgian parliament building during the European Bank for Reconstruction and Development (EBRD) Annual Meeting and Business Forum in Tbilisi, Georgia, May 13, 2015. EPA/BGNES
The Bulgarian government has named Kalin Mitrev as the country's representative in the Board of Directors at the European Bank for Reconstruction and Development (EBRD).
Mitrev will also assume the Alternate Director's position, heading the bank's joint office for Poland, Bulgaria and Albania.
He "has long experience in working with the EBRD, which ensures coherence and efficiency in the use of resources of the institution and the support for programs and projects that are important to Bulgaria," the government said in a statement after a Wednesday cabinet meeting.
Mitrev has held the office twice before being replaced by Slavka Slavova in 2009. The latter was dismissed in April 2014 under a socialist-liberal administration (which reappointed Mitrev), claiming she had learned about the reshuffle by the media.
Mitrev's wife, Irina Bokova, is the Director-General of UNESCO, whose name has been officially submitted by Bulgaria as a candidate to take over as UN Secretary General in February.
Bulgaria’s economy expanded by 3.0% in the fourth quarter of 2025 compared to the same period in 2024, according to preliminary figures from the National Statistical Institute. On a quarterly basis, seasonally adjusted data indicate a growth of 0.8% relat
Bulgaria has effectively completed the transition period for adopting the euro, though formal legal adoption remains pending
Bulgarian National Bank Governor Dimitar Radev took part in a meeting of EU Heads of Mission held under the European Presidency of the Republic of Cyprus
As of February 27, 2026, the withdrawal of leva banknotes and coins and their replacement with euro cash is proceeding under the established legal framework and operational plans, the Bulgarian National Bank (BNB) reported.
Bulgaria’s external debt reached just over €25.37 billion at the end of 2025, Acting Finance Minister Georgi Klisurski reported
At a session of the Council of Ministers, the government approved a draft law amending and supplementing the existing budget extension legislation, the acting Minister of Finance Georgi Klisurski announced.
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