In a country better known for political instability – seven elections in three years – the official invitation of Bulgaria to join the euro zone in January 2026 marks a major turning point. For Dimitar Radev, celebrating a decade as governor of the Bulgarian National Bank, it is the culmination of years of economic discipline … Read more
Vital statistics Location: Southeast Europe, adjacent to the Black Sea Neighbors: Romania, Greece, Türkiye, Serbia, North Macedonia Capital: Sofia Population (2025): 6.7 million Official language: Bulgarian GDP per capita (2024): $ 18,460 GDP growth (2024, East.): 2.3% Inflation (2025): 2.6% (IMF) Gross government debt: 25.4% of GDP (IMF) Currency: Lev Investment promotion agency: Investbulgaria (Investiguelbg.government.bg) … Read more
(Reuters) – Romania and Bulgaria scrapped land border controls to become full members of the EU’s Schengen free travel zone on Wednesday, joining an expanding bloc of countries whose residents can travel without passport checks. Fireworks lit up the sky near the Bulgarian border town of Ruse just after midnight as the interior ministers of … Read more