Bulgaria Retires the Makarov Pistol as Army Adopts Springfield Echelon 4.5
The Bulgarian army has begun the process of retiring the long-serving Soviet Makarov pistol, which has been in service since 1951
Photo: EPA/BGNES
Bulgarian citizens keep around BGN 400 M in Swiss banks, according to estimates of the National Revenue Agency, quoted by the Pressa daily.
They are based on information from Swiss banks on the interest rates, paid off by them.
The names of the Bulgarian citizens keeping money in Swiss banks could be known in 2018, when Switzerland is planning to start exchanging information on bank accounts with the EU and US.
Bulgarian banks are preparing for the New Year by ensuring that all ATMs will be stocked with euros starting January 1
As the clock strikes midnight and Bulgaria welcomes 2026, the country will also enter a historic financial shift - the beginning of its transition to the euro
Over the past five years, Bulgarian households have seen their savings lose more than 40 percent of their real value as inflation steadily eroded purchasing power
The Bulgarian National Bank has presented informational materials introducing the design of Bulgaria’s euro coins
Deputy Governor of the Bulgarian National Bank (BNB) Assoc. Prof. Petar Chobanov stated that Bulgaria’s forthcoming adoption of the euro will transform not only the country’s financial system but also its position within Europe
Bulgarian economist Viktor Papazov, a Harvard graduate and one of the founders of the Bulgarian Stock Exchange and the Central Depository, has delivered a stark warning about Bulgaria’s adoption of the euro
Bulgaria's Strategic Role in the EU's Drone Wall Defense Initiative
When Politics Means Violence