Bulgaria's Tourism Struggles to Diversify Beyond Traditional Offerings
Bulgaria continues to lag behind neighboring countries in achieving significant growth in its tourism sector
In a significant affirmation of Bulgaria's path towards Eurozone accession, European Commissioner for Economy Paolo Gentiloni has confirmed the European Commission's support for Bulgaria's admission to the Eurozone in 2025. The confirmation came during a meeting with Bulgaria's acting Deputy Prime Minister and Minister of Finance, Lyudmila Petkova, who is currently on a two-day visit to Brussels, according to reports from the Finance Ministry.
In the meeting, Deputy Prime Minister Petkova underscored the caretaker government's priorities, emphasizing the ongoing efforts to fulfill the necessary criteria for joining the Eurozone and the implementation of the country's Recovery and Sustainability Plan.
Petkova also outlined Bulgaria's intentions to execute the measures outlined in the second tranche of payments and to update the Recovery and Sustainability Plan, particularly focusing on the REPowerEU chapter. As part of these efforts, a meeting is scheduled for the following day with the leadership of the Working Group on Recovery and Sustainability from the European Commission.
The European Commission's support for Bulgaria's Eurozone accession in 2025 signals a significant step forward for the country's economic integration with the European Union, providing a boost to Bulgaria's aspirations for enhanced economic stability and growth.
A group of Members of the European Parliament (MEPs) has raised urgent concerns with the European Commission regarding the ongoing detention of Saudi political activist Abdulrahman al-Khalidi in Bulgaria
Bulgarian investigative journalist Christo Grozev has been invited to speak before the European Parliament in Brussels on April 22
European Commission President Ursula von der Leyen declared that the era of a unified West is over, stating that only Europe remains as a bastion of the values traditionally associated with the Western alliance
The European Union has warned Serbia that President Aleksandar Vucic’s possible attendance at Russia’s Victory Day parade next month could jeopardize the country's EU accession process
The European Commission (EC) is reviewing legal mechanisms that would allow European energy companies to exit long-term contracts with Russian suppliers without incurring significant financial penalties
China has announced a steep increase in tariffs on U.S. imports, raising duties to 125% in response to Washington's latest trade measures
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