If the Bulgarian banks pass successfully the stress tests and the asset quality review, this country will be able to apply for the ERM2 mechanism in the beginning of July this year. The average stay in the Eurozone waiting room is two years and then the applicant countries usually need another year to prepare for the introduction of the European single currency. Bulgaria can adopt the Euro no earlier than January 1, 2022, this country’s Minister of Finance Vladislav Goranov announced. Minister Goranov attended a discussion in Sofia themed Bulgaria’s Path to the Eurozone. Valdis Dombrovskis, Vice President of the EC in charge of Euro, Social Dialogue, Financial Stability, Financial Services and Capital Markets Union and MEP Eva Maydell also took part at the forum.
On Tuesday minimum temperatures will range between 17° C., and 24° C., for Sofia 18° C. Comparatively colder air will sweep across the country from the Northwest. Cumulus and cumulonimbus clouds will form, first over the Western and central..
Diplomatic relations between China and the European Union span over half a century and have delivered substantial economic gains. “Trade between China and Europe has grown from 2.4 billion to almost 786 billion US dollars, with today’s daily volume..
Today, Bulgarian students returned with 12 awards from prestigious international Olympiads in Taiwan and the Philippines. Vanesa Kalinkova, a student in the Science and Mathematics High School in Burgas, won a gold medal for Bulgaria and first place in..
From July 28 to August 3, the town of Blagoevgrad (Southwestern Bulgaria) will host the 32nd edition of the prestigious International Mathematics..
Three helicopters arrived at Plovdiv Airport under the EU Civil Protection Mechanism. One came from Hungary, the second from Slovakia, and the..
Those detained for committing arson will be tried for terrorism, announced Interior Ministry Secretary General Miroslav Rashkov. He noted that..
+359 2 9336 661