News
BULGARIA’S SCHENGEN MEMBERSHIP UNLEASHES NEW OPPORTUNITIES
After a 13-year wait, Bulgaria officially joined the Schengen Area on March 31, 2024, marking a historic milestone in the nation’s European integration journey. This achievement opens doors to free movement for its citizens while offering significant economic and social benefits to the country. In this crucial step toward European unity and cohesion, Bulgaria has...
BULGARIAN PARLIAMENT URGES ACCELERATION OF EUROZONE ACCESSION PROCESS
The Bulgarian Parliament has formally called upon the Ministry of Finance to establish a revised timeline for Bulgaria’s entry into the Eurozone, targeting July 1, 2025, as the new adoption date for the euro. This schedule is contingent on Bulgaria meeting inflation control requirements by 2024. Within two weeks of fulfilling this criterion, the Bulgarian...