Bulgaria, Wildfires
Digest more
Fires continue to rage across various parts of Bulgaria, with firefighting efforts intensifying on multiple fronts. Two firefighting aircraft from Sweden are expected to arrive today to support the ongoing response.
Firefighters battled blazes across Turkey and Bulgaria on Monday as a deadly heat wave went into a second week around much of the Mediterranean.
Bulgaria is due to adopt the euro on 1 January 2026. There has been much debate in the country in the run-up to joining the eurozone, with many citizens remaining sceptical. In contrast, the vast majority of Hungarians support the euro — yet the government is not taking any steps to achieve this.
The Health Ministry said all market players are now in the system, including retail pharmacies. Discussions are underway to criminalise the illegal medicine trade.
The State Department signed off on the sale of the Naval Strike Missile Coastal Defense System following a request from the Bulgarian government, the Defense Security Cooperation Agency said in a statement Monday.
Explore more
The trade comes five days after S&P and Fitch upgraded Bulgaria to BBB+ from BBB on July 10, handing stable outlooks to the new ratings. Moody’s has a Baa1 rating with a stable outlook, unchanged since 2020.
Bulgaria is tapping the international debt market for the second time in 2025, capitalizing on credit-rating upgrades spurred by its entry into the euro area next year.
The Bulgarian government’s 2018 decision to sell over 213,500 Bitcoin — now valued above the country’s public debt — has reignited discussion on crypto as a sovereign reserve asset.
Bulgaria's Ministry of Energy and the US's Citi bank have agreed on a partnership to secure funding for the construction of two new units at the Kozloduy Nuclear Power Plant.;
Thousands of Bulgarians have been protesting what they say is undue political influence on local justice. Many believe the EU is turning a blind eye to corruption in the Balkan country for political reasons.