Increase in Israeli Tourists Expected in Bulgaria After Gaza Ceasefire
Israeli Ambassador to Bulgaria Yossi Levi-Sfari expects an increase in Israeli tourists to Bulgaria following the recent Gaza ceasefire
Atanas Pekanov, former Deputy Prime Minister for European Funds Management, has expressed skepticism about Bulgaria's chances of joining the Eurozone on January 1, 2025. Speaking to NOVA NEWS, Pekanov cited concerns about meeting inflation criteria, attributing part of the problem to the government's policy of income raises.
Pekanov noted the traditional January 1 entry date for Eurozone countries, emphasizing the convenience of the date. While he didn't rule out exceptions, he cast doubt on the feasibility of a July 1 entry. Despite these reservations, Pekanov reiterated his support for adopting the euro, believing it would boost Bulgarian incomes.
Regarding the Green Deal, Pekanov advocated for investment in job creation over restrictive measures. He also voiced frustration over the delay in implementing Bulgaria's Recovery and Resilience Plan, citing the need for legislative action.
Reflecting on the country's political landscape, Pekanov acknowledged ongoing negotiations among parties and highlighted alignment between GERB and WCC-DB on foreign policy. However, he criticized the focus on individual appointments, deeming it unproductive and unappealing to citizens.
Pekanov criticized the current state of the left in Bulgaria, attributing its decline to internal factors. While he distanced himself from party-building efforts, he hinted at a lack of interest in joining a party associated with President Rumen Radev.
The request for a convergence report to join the eurozone will be made after February 18, once the draft State Budget is submitted
Bulgaria will request a convergence report from the European Commission regarding its readiness to join the Eurozone once the country fulfills the price stability criterion
The Bulgarian government has effectively abandoned its plan to enter the eurozone on January 1, 2026
The adoption of amendments to the Law on the Bulgarian National Bank (BNB), crucial for Bulgaria's entry into the eurozone, was unexpectedly blocked in parliament as the ruling GERB party withheld its support
The President of the European Parliament, Roberta Metsola, highlighted Bulgaria's progress toward adopting the euro as its primary currency, describing it as "one step away"
At the Sofia Economic Forum V, experts expressed strong support for Bulgaria's potential membership in the eurozone, predicting significant positive impacts on investor confidence
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