Bulgaria: Leva-To-Euro Exchanges At Post Offices Will Require ID Verification!
When exchanging Bulgarian leva for euros at post offices, all clients will be required to present a valid identity document
President Rumen Radev emphasized the strengths of Bulgaria's business environment and its highly skilled workforce compared to Chinese industry. Speaking at a Bulgarian-Chinese business forum marking the 75th anniversary of the People's Republic of China, Radev highlighted Bulgaria’s low taxes and skilled personnel as key advantages for investment.
He pointed out several economic sectors where Bulgaria could deepen its cooperation with China, including biodiversity, communication and space technologies, robotics, and the automotive industry. Radev noted the widespread use of Bulgarian-made components in European cars, extending beyond mere spare parts to advanced software and autonomous vehicle technologies.
During his speech, Radev refrained from discussing the issue of Chinese electric vehicle manufacturers competing with major European companies. However, he recalled a past meeting with President Xi Jinping in China, where a cooperation agreement was signed. Radev expressed a desire to see a Chinese bank branch established in Bulgaria to enhance business relations and stability. Additionally, he called for the introduction of a direct flight between Beijing and Sofia to further strengthen ties.
Asen Vassilev, co-chair of the opposition party "We Continue the Change," sharply criticized the government’s decision to nominate Rumen Spetsov as special manager of Lukoil Neftochim
Defense Minister Atanas Zapryanov told the parliamentary defense committee that Bulgaria expects the F-16 Block 70 fighters to become fully operational in 2028
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Bulgaria’s Ministry of Defence is set to receive a budget of EUR 2.708 billion for 2026
Deputy Prime Minister Tomislav Donchev assured on Thursday that Bulgaria will not face a fuel crisis, stressing that the government is doing everything in its power to prevent one
Prime Minister Rosen Zhelyazkov admitted that he does not consider the draft state budget for 2026 to be a good one, yet described it as the only feasible option under the current geopolitical and domestic circumstances
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