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 […]
Category: World
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 […]
Legal Hurdle Cleared: Terziev Set To Assume Sofia Mayor Role
The administrative court in Sofia has concluded the legal saga surrounding the contested runoff for mayor of Sofia, ruling against Vanya Grigorova’s complaint. The court’s decision opens the door for Vasil Terziev to […]
Tech Industry’s Resilience: Bulgaria Foresees Slower Software Sector Growth
The Bulgarian Association of Software Companies (BASSCOM) announced their annual Barometer report, marking a historic forecast for the nation’s software sector. Projections unveiled during the event indicated a remarkable milestone: an […]
Bulgaria: 85% Of Population Reside In Owned Homes
In the latest Eurostat data disclosed on Thursday, it’s been unveiled that a significant 85% of Bulgarians resided in households owning their homes in the […]
Bulgaria And 20+ Nations In Ambitious Push To Triple Nuclear Energy by 2050
Amidst the high-stakes stage of the 2023 United Nations Climate Change Conference (COP 28) in Dubai, a landmark declaration has emerged, supported by over 20 nations spanning […]