Month: April 2025

IMF Expects Bulgaria to Join Eurozone in 2026, Says Its European Depratment Director

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The International Monetary Fund (IMF) expects Bulgaria to join the euro area in 2026, IMF’s European Department Director Alfred Kammer said in response to a question from the Bulgarian News Agency during the Fund’s Spring Meetings in Washington, D.C. “The answer is definitely yes,” Kammer said when asked whether the IMF assesses as possible for Bulgaria to join the eurozone in 2026. IMF’s European Department Deputy Director Helge Berger added that the Fund is following closely this topic.  “I think it is clear that Bulgaria has made major progress towards…

Happy Bar & Grill

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Happy Bar & Grill is a chain of casual dining restaurants with a 30-year history, starting on Christmas Eve in 1994. Today, the chain operates 23 Happy Bar & Grill restaurants in major cities and along the national road network in Bulgaria, maintaining established standards for service and interior design. The brand is also represented internationally with two restaurants in Barcelona, Spain, one restaurant in London at the iconic Piccadilly Circus, and a newly opened restaurant in Bucharest in 2024. Thanks to its combination of high-quality food, excellent service standards,…

Piros Ltd.

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With more than 20 years experience in the fashion and apparel industry, Piros offers a complex service of ready made garments manufacturing which includes the selection of fabrics and materials. Piros is located in Sandanski, Bulgaria and has 200 employees. Our location and close links with fabric suppliers in Greece allows us to quickly respond to the client’s needs for high-quality fabrics which complement our expertise in the manufacturing of garments. We are working for leading european fashion brands, amongst which are IKKS, Maerz, Zimmerli, River Woods, SET and others.…

Justice Minister Presents Measures to Remove Bulgaria from Financial Action Task Force’s “Grey List”

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Justice Minister Georgi Georgiev presented a package of measures aimed at removing Bulgaria from the Financial Action Task Force’s (FATF) so-called “grey list” of countries that have not fully implemented measures to fight money laundering, terrorism financing, and proliferation financing, the Ministry of Justice’s press office reported on Thursday. Georgiev was speaking during a bilateral meeting with experts from the FATF and the Council of Europe’s MONEYVAL Committee in Zagreb. In 2022, Bulgaria was placed on the “grey list” of countries under enhanced monitoring due to insufficient measures and unsatisfactory…

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The fulfilment of the budget deficit criterion “will not be the last good news” on the road to the euro, Bulgarian National Bank (BNB) Governor Dimitar Radev said in an exclusive interview with the Bulgarian News Agency (BTA) during the 2025 Spring Meetings of the World Bank Group and the International Monetary Fund, which are taking place in Washington D.C on April 21-26. On Tuesday, official data from Eurostat and the National Statistical Institute showed that Bulgaria’s budget deficit in 2024 was 3%. This is a value that must not…

Tourism Minister Supports Blue Flag and Green Key Environmental Tourism Initiatives

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Tourism Minister Miroslav Borshosh held a working meeting with the Chairman of the Board of the Bulgarian Blue Flag Movement, Stanimir Georgiev, who acquainted the minister with the organization’s national programs in the field of environmental education, the Tourism Ministry said on Thursday. The focus of the talks between the two was the initiative for environmentally friendly management of beaches and marinas, as well as sustainable methods and new technologies in the most dynamically developing sector of the Bulgarian economy, the tourist sector. Within the framework of the meeting the…

Deputy PM Donchev: Reworking of National Recovery and Resilience Plan to Be Completed within Two Weeks

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Deputy Prime Minister Tomislav Donchev told a briefing on Thursday the National Recovery and Resilience Plan (NRRP) was in process of reorganization, which will be completed at the end of April. Donchev, who is also Innovation and Growth Minister, said Bulgaria has committed to revise the planned investments in the NRRP, so that only those which can realistically be implemented by August 2026 stay on. Six projects are being permanently removed from the NRRP. Some of them will be salvaged by being redirected for funding under operational programmes with a…

Bilka – Looking young and healthy

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We create a unique collection of high quality cosmetic products, which we truly like and believe in! We carefully select all the ingredients, aiming at efficiency and expected result through balance and harmonic synergy between the unique qualities of the Bulgarian natural ingredients and the latest advances of the high technology! We are responsible and don’t allow compromises, granting our consumers high and stable quality of the manufactured products, providing tight control and strict compliance with the requirements and the GMP! We try to offer to the consumers high quality…

Guest House “Old Cherry”

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The “Old Cherry” House in the village of Razhdavitsa is a guest house restored according to the modern needs of tourists, while preserving its authentic appearance. Most of the windows, doors, and floors are original. It is located in the center of the village. Nearby is the “Assumption of the Virgin Mary” church and the “Svetlina 1913” community center, the “Struma” river, two small village shops with basic necessities. The house has rooms for sleeping for a maximum of 21 people with five bathrooms and toilets, an equipped kitchen, a…

Restaurant Hadjidraganovite kashti

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The name means the houses of Hadji Dragan. Hadji Dragan – a trader of wool and silk – lived a hundred years ago. He traveled around the coun-try for a lot of years and went round a lot of districts. Trading he visited various towns. People met him with a great hospitality. He was often overtaken by the night and stayed in an inn. When it was winter, he liked to stay near the fireplace. Sparks went out of the chimney and the dishes simmered in the earthenware pots. He…