Bulgaria

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2026 At the Earliest: Political Instability Pushes Back Bulgaria’s Eurozone and Schengen Goals

The "Economist Intelligence Unit" has pushed back Bulgaria's anticipated entry into the Eurozone and full Schengen membership to 2026, citing ongoing political instability as a major factor. According to their August forecast, while adopting the euro could be technically feasible by 2025 if price stability and a stable government are achieved, the prevailing conditions suggest a delay.

Bulgaria Faces Continued High Electricity Prices

Electricity prices in Bulgaria remain the highest in the region as August progresses, reports "Capital". Despite the end of the summer and a decrease in heat waves, the "Day Ahead" market prices for August 26 have reached 322 leva/MWh. The average price for the month so far stands around 240 leva/MWh, with recent weekdays seeing prices consistently above 300 leva.

Bulgaria's European Commissioner Candidates Due Soon as Glavchev Calls for Proposals

Acting Prime Minister Dimitar Glavchev is awaiting nominations for Bulgaria's European Commissioner candidates until August 29, according to the government press service. Glavchev has sent a letter to the leaders of the parliamentary groups in the 50th National Assembly, urging them to put forward their suggestions for the European Commissioner positions.

Frontex Team to Stay Until Year-End as Migrant Pressure on Bulgaria-Turkey Border Falls by 70%

Migratory pressure along the Bulgarian-Turkish border has dropped by 70% compared to the previous year, according to Commissioner Anton Zlatanov, Director of the Main Directorate "Border Police." This announcement followed a meeting with Hans Leitens, the Executive Director of Frontex, who is visiting Bulgaria for the second time in recent months.

Ukraine is Still Determined to Acquire Nuclear Reactors from Bulgaria

Ukraine remains committed to purchasing two Russian VVER(WWER-1000)-1000 nuclear reactors currently stored in Bulgaria, according to Ukrainian Minister of Energy German Galushchenko. The reactors are intended to expand the Khmelnytskyi Nuclear Power Plant in western Ukraine.

Officially: President Radev Sets October 27 for Early Elections, Appoints New Caretaker Government

Today, President Rumen Radev signed a decree confirming the appointment of an interim government in Bulgaria. The new caretaker cabinet, known as "Glavchev 2," will be sworn in before the National Assembly, with only three changes in its composition. Atanas Ilkov, the head of the National Police, will replace Kalin Stoyanov as Minister of Internal Affairs.

Sunny Start with Afternoon Showers in Northern and Eastern Bulgaria

On Tuesday, sunny weather will dominate much of Bulgaria until midday. However, in the afternoon, there will be a noticeable increase in cumulus and cumulus-rain clouds, particularly over the northern and eastern regions. This will lead to scattered showers and thunderstorms, primarily affecting North-Eastern Bulgaria. The wind will be light to moderate, blowing from the northeast-east.

Black Sea Hoteliers Decry 'Miserable' Season Amid Massive Drop in Tourism

Hoteliers along Bulgaria's Black Sea coast are reporting a disappointing summer season, describing it as miserable due to a significant drop in visitor numbers. According to "Trud news," the decline in attendance has reached up to 40 percent compared to the previous year. The Southern and Northern regions are particularly affected, with only Sunny Beach showing a rise in tourist traffic.

'Revival' Party Voices Distrust in New Bulgarian Caretaker Government

The new government of Bulgaria is merely a continuation of the previous one, according to Tsoncho Ganev, the deputy chairman of the "Revival" party, who expressed a lack of trust in the newly formed administration during an interview with BNR. One major concern highlighted by Ganev is the appointment of the new Minister of Internal Affairs.

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