Latest News from Bulgaria
World Bank Warns: Bulgaria's Eurozone Accession at Risk!
Bulgaria's aspirations to join the Eurozone in 2025 face significant hurdles as economic slowdown and political uncertainty pose formidable challenges, according to a recent analysis by the World Bank.
Robert De Niro Opens Two Hotels in Bulgaria
Renowned actor and co-founder of Nobu Hospitality, Robert De Niro, is set to make waves in Bulgaria's hospitality scene with the opening of two luxury hotels under the Nobu brand. The US-based brand, known for its upscale hotels, restaurants, and residences, is making its mark in Bulgaria with properties in Sofia and Varna.
MEP Radan Kanev: Schengen Entry Vital for Bulgaria's Border Security
Speaking in Pleven, MEP Radan Kanev emphasized the advantages of Bulgaria's forthcoming entry into the Schengen area, particularly in bolstering efforts to combat smuggling along its borders. Kanev stressed that stricter controls enforced by European institutions would enhance Bulgaria's ability to tackle criminal networks engaging in illicit activities.
Bulgaria's Balchik Airport Welcomes Over 20 Planes from Romania to Mark Schengen Entry
In a momentous occasion marking the entry of Bulgaria and Romania into the Schengen area by air and sea, Balchik Airport is set to witness a remarkable gathering of more than 20 planes from Romania. This groundbreaking event, titled "Schengen Check," represents the first of its kind on Bulgarian soil, symbolizing a new era of cooperation and connectivity between the two nations.
Kristalina Georgieva Secures Second Term as IMF Chief
Bulgaria's Kristalina Georgieva has been appointed for a second term at the helm of the International Monetary Fund (IMF). The Administrative Board of the IMF announced today that Georgieva's reappointment was reached "by consensus," a testament to her sterling reputation and the trust she has garnered from member nations.
Weather in Bulgaria For The Weekend: Sunny Skies and Brief Showers Ahead
Overnight, most parts of the country will experience mostly clear skies, with temporary increases in cloudiness expected over the eastern half of the Danubian Plain. Some areas may experience short-term rainfall. Minimum temperatures will range between 9°C and 14°C, around 9°C in Sofia.
Most Bulgarians Living Abroad Invest in Property Purchases in Their Homeland
Many Bulgarians living and working abroad are actively purchasing properties in their homeland. Despite the upward trajectory of apartment prices in Bulgaria, they remain among the most budget-friendly in Europe, making the country an attractive destination for investment among expatriates.
European Commission Partners with Bulgaria to Promote Euro Adoption
In a significant move toward Bulgaria's integration into the Eurozone, the European Commission (EC) has pledged support for the country's efforts to promote the adoption of the euro.
Survey Reveals Deep Discontent and Frustration with Bulgaria's Political Landscape
Amidst mounting frustration and disillusionment, a recent survey conducted by the Market Links agency sheds light on the prevailing sentiments surrounding Bulgaria's political landscape. The findings, commissioned by bTV and encompassing responses from 1046 adults surveyed between March 30 and April 7, paint a bleak picture of public opinion.
Bulgarian Defense Minister: No Political Decision Yet on Conscription Return
Amid growing concerns over security in the wake of the conflict in Ukraine, Bulgaria's Acting Minister of Defense, Atanas Zapryanov, has addressed the issue of conscription, stating that while it is being discussed, no political decision has been reached as of yet.
Greek Electricity Giant Acquires Bulgarian Solar Parks
The Greek national electricity company, PPC, has announced plans to acquire 500 megawatts of photovoltaic capacity in Bulgaria. This acquisition forms part of a broader project aimed at developing 90 installations with a combined capacity of up to 2,000 megawatts across Italy, Bulgaria, Croatia, and Romania.
Sofia Summit: European Nationalist Parties Converge for "Revival" Conference
In a move drawing attention across Europe, Bulgaria's pro-Russian, Eurosceptic, and nationalist "Revival" (Vazrazhdane) party is set to host a conference in Sofia, titled "The New Leaders of Europe." Gathering representatives from nine countries, the event aims to unite nationalist parties under a common banner and shape the future political landscape of the continent.
April 12th: Commemorating World Aviation and Cosmonautics Day!
The date April 12th marks a significant moment in human history, the International Day of Aviation and Astronautics, commemorating Yuri Gagarin's groundbreaking journey into space aboard the "Vostok 1" spacecraft in 1961.
Government Allocates Over BGN 98 Million for June 9 Elections Preparation
As Bulgaria gears up for the upcoming elections on June 9, the government has approved a comprehensive plan-account detailing the financial allocation for the electoral process. With a staggering budget of over BGN 98 million, the plan encompasses various crucial activities essential for the smooth conduct of both national and European Parliament elections.
Rising Costs: Annual Vehicle Inspections in Bulgaria See Price Surge
The annual technical inspection for vehicles in Bulgaria has seen a significant spike in cost, according to a report by "Telegraph". The price has soared to BGN 90, marking a notable increase from last year's range of BGN 45 to BGN 60.