Cabinet Moves Forward on Bulgaria’s OECD and Eurozone Integration Efforts
The Bulgarian government has adopted decisions related to the country’s accession to the eurozone and the Organization for Economic Cooperation and Development (OECD)
''Bulgaria may fail to achieve even the forecast economic growth of around 3% in 2018'', said the economist Krasen Stanchev, according to FOCUS Radio’s Good Morning Bulgaria.
''This government is starting with a very bad plan'', he said, mentioning a revision of privatization deals and work in the pension sector, which demotivates people from paying. At the same time there is too much drifting along.
With its decision to ban the privatization of state-owned assets the government is returning to practices from 2004, when the privatization of Bulgartabak was halted.
European Commissioner for Economy Valdis Dombrovskis has stated that Bulgaria's objective of joining the eurozone on January 1, 2026
In Krivodol, a municipality in Northwestern Bulgaria, local authorities are taking steps toward the eurozone transition well ahead of the February 20 deadline
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
Bulgaria's Perperikon: A European Counterpart to Peru's Machu Picchu
Bulgarians Among EU's Least Frequent Vacationers, Struggling with Affordability