Though the Bulgarian lev was already pegged to the euro, the country had much to gain by joining the currency union ...

Bulgaria’s new parliament, formed after inconclusive elections on October 2, remains at odds over military support for Ukraine, reflecting the country's long-standing left-right, East-West divide. A ...

An inspection of the building of the former Russian Consulate General in the Bulgarian city of Ruse, which the Russians left in June 2022, has found that the building has suffered significant damage: ...

SOFIA -- Russia has been hit by waves of Western sanctions for its unprovoked invasion of Ukraine, including its energy sector, a major source of revenue for the Kremlin. On December 5, 2022, Russia's ...

SOFIA (Reuters) - Bulgaria's preparations to join the euro zone are on track and the Balkan country may adopt the euro as early as January 2022, Finance Minister Vladislav Goranov said on Monday. That ...

SOFIA, Dec 31 (Reuters) - Bulgaria expects to end 2022 with a fiscal deficit of 1.5 billion levs ($821.11 million), equal to 1.0% of economic output, outperforming a revised target of 3.4%, the ...

FILE - A worker, top left, works on the roof of the Lukoil headquarters in the Bulgarian capital Sofia, July 27, 2011. Bulgaria will allow Lukoil, a Black Sea refinery owned by a Russian oil company, ...

Ending months of disputes, Bulgaria's parliament on Thursday finally voted to send help to the Ukrainian army. People march in support of Ukraine, in Sofia, Bulgaria, 7 April 2022. Photo: ...

SOFIA - Bulgaria's parliament scrapped a 'golden passports' scheme on Thursday that allowed wealthy foreigners to buy citizenship in the European Union country if they invested as little as 1 million ...

It is a great pleasure to be here in Sofia today. Let me start with my bottom line: In my view, becoming a full member of the euro area offers important benefits for Bulgaria—strengthened institutions ...