New Direct Flight Connects Varna to Paris Starting April 17
Starting April 17, Bulgaria Air has launched a new seasonal direct route between Varna, Bulgaria, and Paris, France
The European Commission has spoken out disparagingly Thrusday on incipient rumors that France might well be the next country with a credit rating downgrade.
French banks have been taking a sharp drop on stock exchanges due to fears that the country might be entangled in the debt crisis that has hit Greece, Portugal and Spain.
"'We have no comment to make on rumours circulating here and there about any downgrade for such-and-such country," Commission spokesman Olivier Bailly said Thursday.
Bailly also expressed confidence in the bailout plans for Greece, Ireland and Portugal, saying they are adequate for taming in the situation.
EU sources are also reported to be viewing with suspicion the sharp up-and-down movement of Societe Generale's shares, fearing there might be a case of "maniplation,"
At the same time, RFI reports Thursday of fresh drops of shares of French financial institutions over the day.
Societe Generale's shares have dropped anew with some 7%, while those of BNP Paribas with 6.8%.
The CAC 40 index of the Paris Stock Exchange is reported down by 0.52% at 2.992, with exchanges in London and Milano also on the red, while Frankfurt showing a slight rise.
In the first quarter of 2025, the 20-BGN banknote has overtaken the 100-BGN note as the most frequently counterfeited denomination in Bulgaria,
According to recent data from the Trend Research Center, shared during the "Personal Finance" event by Money.bg, 38% of Bulgarians are unable to set aside any savings
Bulgarians may begin exchanging their lev for euros if the upcoming convergence report
In July, Bulgaria’s eurozone entry plans will be definitively clarified
Bulgaria has successfully met the price stability criterion required for entry into the eurozone
Bulgaria is in a very strong initial position to join the eurozone
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