Bulgaria, which is on the verge of joining the eurozone, decided not to seek final approval from the European Central Bank in ...
The ECB has in the past excluded from calculations countries whose inflation is significantly lower than those of other members. This helped Croatia qualify and adopt the euro in 2023. Bulgaria ...
Consumer group Which? said this is because of a range of factors, including high demand and rising energy costs for hotels.
WCC-DB MP Martin Dimitrov accused the government of sabotaging Bulgaria’s efforts to join the eurozone. Speaking from the ...
Bulgaria, situated in the eastern Balkans, has been undergoing a slow and painful transition to a market economy since the ...
The request for a convergence report to join the eurozone will be made after February 18, once the draft State Budget is submitted. This was confirmed by Bulgarian Prime Minister Rosen Zhelyazkov ...
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Bulgaria is now on the path to joining the Eurozone, with January 1, 2026, being the target date for its entry, according to an analysis from the Institute for Market Economics (IME). This follows ...
Moody’s has affirmed the long-term foreign and local currency sovereign credit ratings on Bulgaria at ‘Baa1’ with a stable ...
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Any EU nation that wants to join the currency area needs to meet several so-called convergence criteria. One of them requires that the applicant should have average inflation of no more than 1.5 ...