Bulgaria

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IMF Forecasts Realistic Timeline for Bulgaria's Eurozone Entry in 2025

Jean-Francois Dauphin, the head of the International Monetary Fund (IMF) mission in Bulgaria, has expressed confidence that Bulgaria's accession to the Eurozone by 2025 is a realistic goal. The IMF's assessment comes as part of its regular evaluation of Bulgaria's economic performance, which forecasts a 2.7 percent growth rate for the country's economy this year.

Bulgaria and 13 EU Nations Rally for Increased Defense Financing from European Investment Bank

Amid growing concerns over security threats posed by Russian aggression, Bulgaria and a coalition of 13 other European Union countries have urged the European Investment Bank (EIB) to bolster defense financing. The call, joined by powerhouse nations Germany and France, aims to enhance the bloc's defense capabilities in response to escalating tensions, as reported by Bloomberg.

Is It Over? Bulgaria Teeters on Brink of New Elections After Missed Deadline

As Mariya Gabriel accepted the mandate from President Rumen Radev on Monday, the clock started ticking for her to present a cabinet or return the mandate with or without the names of future ministers. Although the law allows for a week-long deadline, the "We Continue the Change" (WCC-DB) and GERB groups have decided to provide an answer within 24 hours.

Holy Synod Elects Interim Leader Following Patriarch Neophyte's Death

The Holy Synod of the Bulgarian Orthodox Church convened on Tuesday to address the vacancy left by the passing of Patriarch Neophyte, who served as the spiritual leader of Bulgaria and Metropolitan of Sofia. According to reports from the Bulgarian National Radio, the Synod's primary agenda was the election of a temporary head to oversee the Church's affairs during this transition period.

European Left Leader Criticizes Austria's Stance on Bulgaria's Schengen Bid

Walter Baier, the leading candidate of the European Left for the upcoming European elections, has expressed his dismay over Austria's stance on Bulgaria and Romania's entry into the Schengen zone. Describing the Austrian government's position as "shameful, unfair, and ineffective," Baier's remarks reflect broader discontent within the European Left regarding the issue.

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