Sofia Airport includes plans for airbridges and the option for passengers to walk to and from the planes (the so-called WiWo – walk in, walk out). Milena Mihailova, Director of “Public Relations and Communications” at the concessionaire “SOF Connect,” shared this information. The project underwent modifications following Bulgaria’s entry into Schengen, necessitating the separation of…
Eurobarometer data reveal significant insights into Bulgarian attitudes towards adopting the euro, highlighting both optimism and skepticism among the population. According to the survey, 71% of Bulgarians anticipate their country joining the Eurozone within the next five years, marking a notable increase of 9% since April 2023. This optimism places Bulgaria ahead of other surveyed…
Bulgaria is not prepared to introduce the euro on January 1, 2025, as it fails to meet one of the four criteria for eurozone entry-the inflation level. This was highlighted in a report by the European Commission, adopted on June 26. A spokesperson for the European Commission stated that while Bulgaria currently did not meet…
Bulgarian National Bank Governor Dimitar Radev emphasized in a recent BNT documentary that the delay in Bulgaria’s entry into the Eurozone was primarily a political issue. According to journalist Nadia Obretenova, who interviewed Radev for the documentary “The Way of Money”, the governor highlighted the central bank’s policies aimed at monitoring bank lending, which were…
Bulgaria is expected to adopt the euro at the beginning of 2026, rather than mid-next year, as previously forecast. This update was provided by acting Deputy Prime Minister and Minister of Finance Ludmila Petkova, who emphasized the need for technological time to meet the final criterion for euro adoption. Following this, new convergence reports must…
The European Commission’s latest report on convergence has determined that Bulgaria does not meet the necessary conditions for adopting the euro. This conclusion, announced on June 26, affects Bulgaria along with five other EU member states that are not yet part of the Eurozone. According to the report, Bulgaria falls short specifically on the criterion…
The Bulgarian Ministry of Finance anticipates that the country will achieve the inflation benchmark required for Eurozone membership until the year’s end. Following this achievement, Bulgaria plans to formally request the European Commission (EC) and the European Central Bank (ECB) to prepare an extraordinary convergence report, as stated by the Ministry of Finance. Deputy Prime…