The erratic trade policy and the worsening fiscal crisis are dragging down economic growth and increasing the risk of a recession ...

Critics of the move are demanding that the government hold a referendum over whether the country should abandon the lev and adopt the euro as its currency. It comes months after Bulgaria ...

SOFIA, Bulgaria (AP) — Bulgaria is close to realizing its decades-old goal of joining the euro currency union and deepening ties with the more prosperous countries of Western Europe. But the ...

Arguments about the euro's reserve status often centre on whether it could replace the dollar as the dominant world currency.

Among those who are against the adoption of the euro as currency is Bulgarian President Rumen Radev.He had proposed the referendum on the currency earlier this month, citing public concerns over ...

Thousands of Bulgarians protested in Sofia and other cities against the government's plan to adopt the euro, demanding a referendum on the currency. Led by civic groups and nationalist parties ...

President Rumen Radev encouraged the anti-euro voices by proposing earlier this month a referendum on the currency, citing public concerns over inflation and purchasing power. The proposal was ...

claiming that the digital euro will benefit consumers, retailers and payment service providers. However, it remains to be seen whether citizens will actually trust that the virtual currency will ...