Bulgaria has met the final requirements for joining the eurozone by meeting the budget deficit criterion in 2024. Having previously met the inflation target, the final step was to confirm compliance with the EU methodology on public finances in 2024. These economic...
The Russian military invasion of Ukraine has caused significant damage to the tourism sector in Bulgaria, a traditional touristic area for citizens of the Russian Federation, Ukraine or Belarus. Authorities in Sofia are trying to identify new solutions to boost this...
Collaboration within NATO, the issue of Schengen Area accession, as well as the complex geopolitical realities of the Balkans and the Black Sea region, compel the authorities in Sofia and Bucharest to collaborate much more deeply than they currently do. Moving beyond...
European officials are preparing to admit Bulgaria and Romania into the Schengen Area this year, starting with air borders in October 2023