News Bulgaria Finance: Bulgaria on course for euro adoption
This year we are in very good financial health – the banking system in Bulgaria is stable, liquid, very well capitalised and with decreasing levels of bad loans, and all its indicators are above the ...
News Bulgaria Finance: Bulgaria to begin use of the euro Jan. 1
Bulgaria will begin using the euro as its currency on Thursday, and the country hopes it will bring an economic boost, despite concerns.
News Bulgaria Finance: Bulgaria's GERB party urges lawmakers to create a government after inconclusive vote
Bulgaria faces lengthy government-building talks or the prospect of another vote, prolonging political instability in the European Union member state that has been fuelled by distrust between the pro-Western reformist party PP, which came second, and GERB, the party of former prime minister Boyko Borissov. The political impasse following an election last October, also won by GERB, has already prevented parties from agreeing a 2023 state budget and the current caretaker government has had to delay a January 2024 target for Bulgaria to adopt the EU's euro currency.
News Bulgaria Finance: Bulgaria: Pro-Russian Party submitted 590,000 Signatures for a Referendum against the Euro
The initiative committee, supported by the "Vazrazhdane" party, submitted 590,000 signatures to the Bulgaria parliament for a referendum on preserving the Bulgarian lev (BGN). According to the law on ...
News Bulgaria Finance: Bulgaria’s Ministry of Finance predicts a Slowdown in Economic Growth to 1.8% this year
The Bulgarian economy will slow its growth to 1.8 percent this year, according to the spring macroeconomic forecast of the Ministry of Finance.
News Bulgaria Finance: Fibank Customers First in Bulgaria are Able to Perform blink P2P Mobile Transfers
Following the launch of blink instant account transfers in 2022, Fibank (First Investment Bank) now provides its retail customers with the opportunity to also make instant mobile payments using the blink P2P service. Thus, First Investment Bank continues to expand its portfolio of online banking products, being the first in Bulgaria to offer the service through its My Fibank
News Bulgaria Finance: Bulgaria’s Kozloduy nuclear power station signs fuel agreement with Framatome
Bulgaria’s Kozloduy nuclear power station and Framatome signed on December 30 a preliminary agreement for deliveries of nuclear fuel for Kozloduy’s Unit 6 reactor, Bulgaria’s Energy ...
News Bulgaria Finance: Bulgaria’s President and Austria’s Chancellor: Guarding the EU's External Borders is Key to tackling Illegal Migration
Protecting the external borders of the European Union is a common commitment of all member states and is key to tackling illegal migration.” This was the general position of President Rumen Radev and ...
News Bulgaria Finance: No Confidence Vote, Elections and Scandals: Overview of Bulgaria's Political Year
A government ousted by a vote of no confidence in the 47th Parliament, a failed attempt at a first-term cabinet in the 48th National Assembly, thematic coalitions, elections and electoral legislation ...
News Bulgaria Finance: Ukrainian Defense Minister Thanks Bulgaria For Military Aid
Ukrainian Defense Minister Oleksiy Reznikov on December 19 thanked his Bulgarian counterpart, Dimitar Stoyanov, for Bulgaria's decision to provide security assistance to Ukraine.
News Bulgaria Finance: Bulgaria summons Russian envoy over warrant for journalist
SOFIA, Bulgaria (AP) -- The Bulgarian foreign ministry on Thursday summoned Russia's ambassador to explain why Moscow has placed a Bulgarian journalist
News Bulgaria Finance: Aurubis to invest 20 mln euro to expand solar park at Bulgarian site
German copper producer Aurubis said that it plans an incremental investment of 20 million euro ($21.3 million) to expand the capacity of the in-house solar photovoltaic (PV) plant at its site in Pird ...
News Bulgaria Finance: EC against (new) Financing of a Fence along Bulgaria’s Border with Turkey
He was asked to comment on Austrian Chancellor Karl Nehammer’s statement yesterday that the EU should finance the strengthening of a fence along the border in question. "Bulgaria's job is to choose ...
News Bulgaria Finance: Innovative banking in Bulgaria helps facilitate the green transition
Financial institutions have the opportunity to use these initiatives ... Bulgarian branch of Alpha Bank in 2016 and later with the acquisition of Piraeus Bank Bulgaria in 2019, carried out for a ...
News Bulgaria Finance: Bulgaria’s municipalities call for help as soaring bills lead to more street lighting cutbacks
The number of municipalities in Bulgaria cutting back on street lighting has continued to rise in recent days, in the face of multiplying electricity bills, prompting the National Association of ...
News Bulgaria Finance: Minister of Finance: Information campaign for Bulgaria’s inclusion in the eurozone is forthcoming
Bulgaria's preparation for eurozone membership is on track, according to an article by Minister of Finance and Deputy Prime Minister Asen Vassilev in the Bulletin of the Association of Commercial ...
News Bulgaria Finance: Bulgaria's finance minister tests positive for COVID-19
Bulgaria's Deputy Prime Minister for EU Funds and Minister of Finance Assen Vassilev has tested positive for COVID-19, the finance ministry said Tuesday. Vassilev got tested on Tuesday after he felt ...
