Sozopol Transforms into Bulgaria’s Cultural Heartbeat with Apollonia Arts Festival 2025
Sozopol is once again set to become Bulgaria’s summer cultural hub as the Apollonia Arts Festival returns this year from August 28 to September 6
The government nominated on Wednesday the Governor of the Bulgarian National Bank (BNB) Dimitar Radev as Governor for Bulgaria in the International Monetary Fund (IMF).
With the same decision, the cabinet also nominated the Deputy Governor of BNB in charge of the Banking Supervision Department Dimitar Kostov as deputy governor for Bulgaria in the organisations from the World Bank Group (WBG) as well as the European Bank for Reconstruction and Development (EBRD).
The WBG comprises five international organisations – the International Bank for Reconstruction and Development (IBRD), the International Development Association (IDA), the International Finance Corporation (IFC), the Multilateral Investment Guarantee Agency (MIGA) and the International Centre for Settlement of Investment Disputes (ICSID).
The decision of the Council of Ministers is related to the recent personal and functional changes in the governance of BNB, the government's press service informs.
The government hopes that the nominations will ensure a representation of Bulgaria in the international financial institutions, which will champion the expansion and stabilisation of the country's international contacts and protection of its interests.
The adoption of the euro inevitably brings a degree of unease and uncertainty, much like the introduction of the currency board in the 1990s
Loan interest rates in Bulgaria are expected to stay stable even after the transition to the euro
The Ministry of Finance has introduced an online currency conversion calculator, now available on the official euro adoption website for Bulgaria - evroto.bg
The Bulgarian National Bank (BNB) is launching the minting of Bulgarian euro coins this week
Gold has always had an allure that goes far beyond its shine.
Former Finance Minister Vladislav Goranov expressed confidence that Bulgaria’s transition to the euro is now irreversible
Borderless Bulgaria: How Schengen Benefits Are Transforming Trade and Logistics
Bulgaria's Mortality Rate Remains Highest in Europe