Bulgaria and the Euro: What Happens to National Monetary Sovereignty?
One of the most debated topics around Bulgaria’s upcoming transition from the lev to the euro is whether the country is giving up its sovereignty
The volume of retail trade in Bulgaria increased in August for a fourth month running, albeit at a slower pace, Eurostat figures showed on Friday.
According to data released by the European Union’s statistical office, Bulgaria’s retail sales adjusted for the number of working days increased by 0.4% month-on-month in August, following monthly growth of 0.7%, 0.9% and 1.4% recorded in July, June and May, respectively.
The monthly increase for Bulgaria in August compared to a 1.2% rise in the euro area and a 1.4% growth in the EU.
In a year-on-year comparison, the increase in the retail sales index in Bulgaria in August beat growth rates in both the euro area and the EU.
While retail sales picked up by 1.9% in the euro area and by 2.5% in the EU28 in August compared to the same month of 2013, in Bulgaria they expanded by 4.5%, accelerating from increases of 4.1% in July, 2.3% in June and 1.4% in May.
A large part of the Bulgarian business sector is well-prepared for the euro changeover
Since the start of 2024, Bulgaria has issued 24,000 work permits to foreign nationals, marking a significant increase compared to previous years
Vasil Levski Sofia Airport has earned top honors in Europe, receiving the prestigious ACI EUROPE award for “Best Airport in Europe” in the category serving between 5 and 10 million passengers
Wizz Air has launched direct flights between Sofia and the Italian coastal gem of Alghero,
The Bulgarian property market appears to be cooling off in the major urban centers
A new factory built with Czech investment officially opened its doors in Plovdiv
Borderless Bulgaria: How Schengen Benefits Are Transforming Trade and Logistics
Bulgaria's Mortality Rate Remains Highest in Europe