Could Bulgaria Face a 'Greek Scenario' After Adopting the Euro?
With Bulgaria set to adopt the euro on January 1, 2026, questions are surfacing about whether the country might face financial risks similar to those that led to Greece’s debt crisis
Prime Minister Boyko Borissov Opened in Pazardjik a Plant For Production of Automotive Parts
- Tweet
Send to Kindle
Prime Minister Boyko Borissov opened in Pazardjik a plant for production of automotive parts of the German company Kostal.
The ceremony was also attended by the Deputy Prime Minister Tomislav Donchev, the Minister of Finance Vladislav Goranov, the President / 2012 - 2017 / Rosen Plevneliev, the Mayor of Pazardzhik Todor Popov and the management of the company.
In the new plant will be opened 1200 new jobs, and the investor's ambition is to reach the number of employees to 4000 in all production facilities in Pazardzhik by 2020.
Prime Minister Borissov began his greeting with gratitude to workers for their "work" and "high productivity".
Mayor of Pazardzhik Todor Popov pointed out that thanks to the partnership with the Bulgarian government Pazardjik Municipality has implemented strategically important projects.
Interaction between local government, central government and business provides good results for everyone, "Popov added. He also said that the policies being conducted in the country deserve support and trust.
The Prime Minister and official guests looked at the new production plant and met on the spot with its activities.
After the opening, Boyko Borisov made an inspection of the construction of the first stage of the Pazardzhik ring road.
Related Articles:
New Law, Old Problems: Will Bulgaria’s Supply Chain Shake-Up Work?
Until July 14, Bulgaria’s Ministry of Agriculture is accepting proposals from farmers, processors, and traders on a new draft law aimed at regulating the supply chain
Bulgaria: Free Leva Deposits and Automatic Euro Conversion Announced Ahead of Currency Switch
Several Bulgarian banks have introduced a period during which individuals can deposit cash in leva into their accounts free of charge
Business | June 17, 2025, Tuesday // 23:00
Bulgaria: Union Pushes for Wage Hike, Begins Monitoring Prices of Basic Goods
In preparation for Bulgaria’s transition to the euro, the Confederation of Independent Trade Unions in Bulgaria (CITUB) has launched a new initiative to monitor the prices of 20 essential items on a monthly basis
Society | June 16, 2025, Monday // 17:46
Sunny and Hot Across Bulgaria on June 17, Cloudier in the Mountains
The country will see mostly sunny skies on Monday, June 17
Bulgaria Nears Technical Readiness for Euro Adoption: Over 80% of Systems Adapted
Nearly 83% of Bulgaria’s administrative institutions are technically prepared to operate with the euro
Politics | June 16, 2025, Monday // 16:33
Bulgaria’s Employment Strategy Struggles to Shift Focus from Temporary Subsidies to Long-Term Skills
Bulgaria’s Ministry of Labor and Social Policy released its National Employment Action Plan (NAP) for 2025 in early May,
Bulgaria’s Grain Sector Shut Out of Europe After Ukrainian Import Surge
In the span of just three years, Bulgaria's grain producers have seen their access to European markets completely disappear
Sofia Exchange: No Grounds for Sharp Price Hikes, Market Remains Stable
The CEO of the Sofia Commodity Exchange, Vasil Simov, dismissed speculation about any dramatic price hikes on the market
Putting the Online Casino Market in Bulgaria under a Microscope
The Bulgarian online casino market has come a long way, from sudden boom, through regulation jolts, to a more recent balanced phase.
Bulgarian Scientists Reveal Space Foods and Super-Crops at Osaka World Expo
During the "Necessities of Life" thematic week (June 5-16) at EXPO 2025 Osaka
Honey Prices Set to Rise in Bulgaria as Bee Deaths Slash Yambol Region Production
Producers from the Yambol region warn that retail prices for honey and bee products are set to rise by 20 to 30 percent
