Finance Minister: Nothing Can Stop Bulgaria’s Entry into the Eurozone
Speaking ahead of a decisive day for Bulgaria’s European integration, Finance Minister Temenuzhka Petkova addressed reporters in Brussels
Bulgaria’s Energy Ministry and the Electricity and Water Regulatory Commission (KEVR) will start emergency inspections of the three electricity distribution ventures due to the record-high consumption of electricity in the last two months.
The purpose is to guarantee that the bills of household consumers for December and January are real.
Experts will inspect random bills of clients of CEZ, EVN and ENERGO-PRO.
The experts will also inspect whether the technical equipment of the three electricity ventures on the territory of the country is in good working condition.
Each of the three ventures will work out its own criteria for the rescheduling of the payment of electricity bills and announce these. The purpose is for citizens to remain calm, explained Energy Minister Temenuzhka Petkova.
Energy Minister Zhecho Stankov has firmly criticized the 2022 agreement between state-owned Bulgargaz and Turkish company Botas, arguing that there was no objective reason to enter into such a deal
The Bulgarian National Bank (BNB) projects that Bulgaria’s real GDP will continue expanding steadily over the coming years
An American company specializing in robotic and minimally invasive surgery has launched a new production facility in the Bulgarian town of Parvomay, marking a key step in its European expansion
Two leading global credit rating agencies, Fitch Ratings and S&P Global Ratings, have raised Bulgaria’s long-term foreign currency credit rating to ‘BBB+’ with a stable outlook, marking the highest level in the medium investment-grade tier
The adoption of the euro inevitably brings a degree of unease and uncertainty, much like the introduction of the currency board in the 1990s
Loan interest rates in Bulgaria are expected to stay stable even after the transition to the euro
Borderless Bulgaria: How Schengen Benefits Are Transforming Trade and Logistics
Bulgaria's Mortality Rate Remains Highest in Europe