Rising Prices Hit Seaside Restaurants in Bulgaria This Summer
Prices in seaside restaurants across Bulgaria are rising this year, with a noticeable hike in some popular beachside dishes
During debates on a draft decision concerning the Bulgarian Energy Holding, Minister of Finance Asen Vassilev announced that Bulgaria is on the brink of entering the Eurozone as it meets the inflation criterion. Vassilev, present in the plenary hall, highlighted the significance of this milestone, emphasizing that Bulgaria has fulfilled its legislative program for Eurozone accession, a feat previously unaccomplished during the period of the GERB party's governance.
Vassilev outlined that the only remaining legislative hurdle is the adoption of the Law on the introduction of the euro, which is already undergoing public discussion. He emphasized that once Bulgaria satisfies the inflation criterion, the country will demand the necessary report, paving the way for its entry into the Eurozone.
"As soon as the inflation criterion is met, Bulgaria can enter the Eurozone," Vassilev stated unequivocally. He underscored the meticulous completion of the legislative framework required for Eurozone integration, positioning Bulgaria on the cusp of a significant economic milestone.
The Minister's remarks shed light on Bulgaria's progress towards Eurozone accession, marking a notable achievement in the country's economic trajectory. As Bulgaria inches closer to joining the Eurozone, anticipation mounts for the final steps needed to solidify its position within the European monetary union.
According to the latest data from the Bulgarian National Bank (BNB), the number of individuals in Bulgaria holding bank deposits of over 1 million BGN continues to rise steadily—at an average rate of one new millionaire depositor per day.
According to data published on the Bulgarian National Bank’s (BNB) official website, household lending surged by 20.
The Bulgarian National Bank (BNB) has released another set of practical guidelines regarding the transition to the euro once the country joins the eurozone
A significant portion of Bulgarians' savings is already held in euros, signaling the country's readiness for the currency switch, even before its official adoption
Inflation in Bulgaria is projected to rise ahead of the country’s euro adoption
The Bulgarian National Bank (BNB) has announced that it will stop publishing the key interest rate following the country's adoption of the euro
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