MEPs expressed strong support for Bulgaria and Romania’s entry into Schengen, but criticized the country for its veto of North Macedonia’s accession to the EU. […]
Month: November 2023
Bulgaria Asserts Crucial Role In Easing Migration Strain Amid Schengen Talks
Bulgaria’s Deputy Prime Minister and Foreign Minister, Mariya Gabriel, emphasized Bulgaria’s pivotal role in addressing migration pressures, linking the country’s Schengen accession to bolstering EU border controls. In a joint conference […]
Bulgarian Socialist Party Advances Economic Links With China
Bulgarian Socialist Party (BSP) leader Kornelia Ninova and National Assembly Deputy Chairman Kristian Vigenin convened with Chinese Ambassador Dong Xiaojun, at the envoy’s request. Discussions mainly […]
Bulgaria Boosts Minimum Pension To BGN 580
A significant shift in Bulgaria’s pension landscape is on the horizon, as the minimum pension for service and age is slated to surge by 11% under the Swiss rule, reaching […]
IMF: Central Bank Digital Currencies could Replace Cash
Central bank digital currencies (CBDCs) have the potential to replace cash, but adoption may take time, said Kristalina Georgieva, managing director of the International Monetary Fund. “CBDCs can replace […]
Resilient Recovery: Bulgaria’s Tourism Surges Beyond Projections
In a recent roundtable discussion on “Travel, Leisure, and Consumers,” Bulgaria’s Tourism Policy Directorate presented compelling statistical evidence showcasing the country’s resilience as a tourist destination amid global […]
Sergey Kondratenko: Regulation In Open Banking, Approaches Of Different Countries
In recent years, the financial sector has been undergoing significant changes due to widespread digital transformation. The introduction of Internet banking, the development of financial […]
Bulgaria’s Economic Outlook: OECD Forecasts 2.8% Growth In 2024
The Organisation for Economic Co-operation and Development (OECD) has revised Bulgaria’s economic growth forecasts in its latest World Economic Outlook report, signaling a 1.7% growth rate for 2023, […]
Bulgarian And Ukrainian Agriculture Ministers Forge Agreement On Export Licensing System For Key Crop
In an online meeting held on Thursday, Bulgarian Agriculture and Food Minister Kiril Vatev and Ukrainian counterpart Mykola Solskyi reached a crucial accord regarding the […]
EC Denies Investigating Bulgaria Over Russia Sanctions
In response to recent media reports hinting at a potential investigation into Bulgaria’s adherence to EU sanctions against Russia, the European Commission (EC) moved swiftly to dispel the […]