Latest News from Bulgaria
EU Annual Inflation Slows in March 2024, Bulgaria's Rate at 3.1%
Eurostat's latest report revealed a slowdown in annual inflation across the European Union, with the figure dropping to 2.6% in March 2024 from 2.8% the previous month. Similarly, annual inflation in the euro area dipped to 2.4% from 2.6%. Compared to March 2023, the difference is stark, with annual inflation in the EU standing at 8.3% and 6.9% in the euro area.
Banking and Government Leaders Rally for Bulgaria's Eurozone Entry
Amidst discussions about Bulgaria's journey towards joining the Eurozone, Deputy Governor of the Bulgarian National Bank (BNB), Petar Chobanov, highlighted the robustness of Bulgaria's banking system, stating it aligns closely with Eurozone standards.
Bulgaria's Aniventure Comic Con Welcomes Fantastic Beasts Actor Dan Fogler
Excitement is brewing among fans of the magical world as actor and comedian Dan Fogler, renowned for his roles in the "Fantastic Beasts" franchise, gears up to visit Bulgaria for the Aniventure Comic Con festival on July 6 and 7.
British Columbia to Declare May 24 as Bulgaria Day
Bulgaria will soon be celebrated in the heart of British Columbia and the city of Vancouver as May 24 is set to be declared Bulgaria Day, announced Velislava Panova, Consul General of Bulgaria in Toronto, to the BNR. This declaration comes as part of the ongoing efforts to promote Bulgarian culture and heritage abroad.
Bulgarians Show Lowest Support for EU Membership
Bulgaria finds itself at the bottom of the list in terms of citizens who believe in the benefits of EU membership, according to the latest Eurobarometer survey results. The survey, conducted across all 27 EU member states, reveals a concerning trend as Bulgaria marks a significant decline in voter turnout projections for the upcoming European elections.
Bulgarian Opposition Parties Urge President Radev to Replace Caretaker PM
Amidst political tensions in Bulgaria, the Bulgarian Socialist Party (BSP) has made a bold call for President Rumen Radev to take action and replace caretaker Prime Minister Dimitar Glavchev. The leader of BSP, Kornelia Ninova, speaking on behalf of the party's parliamentary group, emphasized the need for decisive leadership in the face of the country's current challenges.
Record Winter Tourism Numbers Reported in Bansko
Bansko, Bulgaria's premier mountain resort, experienced a surge in winter tourism, with more than 190,000 visitors flocking to its slopes during the season. The influx of tourists from Bulgaria, neighboring Balkan countries, various European nations, and even the United States has bolstered the region's tourism sector, marking significant progress in its post-pandemic recovery.
Borissov: GERB Will Be Responsible for the MFA if Mitov is Appointed as Minister
Amidst the political discourse in Bulgaria, Boyko Borissov, leader of the GERB party, has asserted that GERB will assume responsibility for the Ministry of Foreign Affairs if Daniel Mitov is appointed as minister.
NATO Plans New Military Base in Bulgaria with 5,000 Troops
Tensions in the Black Sea region have escalated, following Russia's invasion of Ukraine, as NATO announces plans to bolster its military presence, with a new base set to be established in Bulgaria.
Week One in Bulgaria's Caretaker Government: Calls for 2 Ministerial Changes Intensify the Crisis
Yesterday, Acting Prime Minister Dimitar Glavchev proposed to President Rumen Radev to relieve the Acting Minister of Agriculture Kiril Vatev from his post and to appoint Georgi Takhov as head of the department, the government information service reported. Takhov is currently the executive director of the State Fund "Agriculture".
Weather In Bulgaria On April 17: Expect Clouds, Showers, and Thunderstorms
Overnight, expect considerable cloud cover, particularly in western regions, accompanied by showers. In Northwestern Bulgaria, expect a west-northwest wind bringing colder air. Across the rest of the country, the wind will be moderate from the south-southwest. Minimum temperatures will range from 13°C to 18°C, slightly lower in northwestern areas, with Sofia at around 13°C.
IMF Director Urges Bulgaria Not to Miss Euro Adoption Chance
In a recent interview with BTA, Kristalina Georgieva, Managing Director of the IMF, emphasized the importance for Bulgaria to seize the opportunity to adopt the euro, stressing that it is achievable with the right political will.
BNB: Bulgaria's GDP to Rise by 2.2% in 2024, with Average Annual Inflation at 3%
In its latest macroeconomic forecast released on Tuesday, the Bulgarian National Bank (BNB) anticipates a 2.2% increase in Bulgaria's Gross Domestic Product (GDP) for the year 2024, compared to 1.8% in 2023.
Counterfeit Banknotes Surge in Bulgaria, Highest Since 2007
Bulgaria is grappling with a sharp increase in counterfeit currency, with the Bulgarian National Bank (BNB) reporting a concerning surge in fake banknotes, particularly those of 100 BGN denominations.
Bulgaria's Minister of Agriculture, Kiril Vatev, Resigns Abruptly
Kiril Vatev, Bulgaria's Minister of Agriculture, has tendered his resignation, BNR reported.
Vatev, one of the four ministers from the regular WCC-DB and GERB government who retained their posts in the caretaker cabinet, has unexpectedly stepped down from his position.