Bulgaria Leads EU in Construction Growth for 14th Straight Month
In February, Bulgaria recorded the highest annual growth in construction output among EU member states
In a recent Facebook post, Ivaylo Mirchev, an MP from "We Continue the Change - Democratic Bulgaria," raised suspicions about President Rumen Radev's alleged sabotage of Bulgaria's Eurozone aspirations. The suspicion stemmed from a notable discrepancy in the 2023 budget deficit figures, indicating deliberate obstruction.
Mirchev highlighted the budget proposal presented by Radev's caretaker government in April, displaying a 6.4% deficit. Finance Minister Rositsa Velkova cautioned that such a deficit would severely hinder Bulgaria's Eurozone accession. However, subsequent efforts by the Denkov-Gabriel cabinet managed to reduce the deficit to 2.2%, as per a statement released by the finance ministry.
Based on this difference, Mirchev inferred that Radev's intentional actions aimed to thwart Bulgaria's Eurozone ambitions by setting a deficit that exceeds the permissible 3%, effectively impeding Euro adoption.
Finance Minister Asen Vassilev recently expressed optimism about Bulgaria meeting Eurozone entry criteria by mid-2024, positioning for approval in the following year.
Bulgaria’s economic ties with France have shown significant positive progress in recent years, as trade between the two countries is expected to exceed 2.616 billion euros by 2024
Bulgarian Prime Minister Rosen Zhelyazkov marked the government’s first 100 days in office with a summary of key accomplishments and political challenges
The United States Department of Homeland Security (DHS) and Bulgaria’s Ministry of the Interior on April 22, 2025
The political party "Spasi Sofia" has announced that it is withdrawing its trust from Sofia's Mayor Vasil Terziev
A major investigation by France 24 reveals how European-made ammunition, specifically mortars manufactured in Bulgaria
Tsvetelina Penkova, First Vice-Chair of the European Parliament’s Committee on Industry, Research, and Energy (ITRE), led a delegation of European Parliament members to Munich, Germany
Google Street View Cars Return to Bulgaria for Major Mapping Update
Housing Prices Soar in Bulgaria’s Major Cities as Demand and Supply Strain Increase