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.
Bulgaria has given up the fight for reforms and investments under the Recovery and Resilience Plan (RRP), former caretaker deputy prime minister for EU funds Atanas Pekanov told BNR. He said that Nikolai Denkov's government had made a serious mistake by..
The new Bulgarian Patriarch, Daniil, has spoken out in favour of reconciliation within the Orthodox churches. "There is a broken communion between some Orthodox churches, which we should try to overcome," he said in response to a question from the..
The first youth cycling festival "Sofia Bicycle Show", organized by "Sofia - World Capital of Sports" will take place today in the renovated Zapaden Park in the capital city. Children will compete on a completely safe and..
The new Bulgarian Patriarch, Daniil, has spoken out in favour of reconciliation within the Orthodox churches. "There is a broken communion between..
The Democrats for a Strong Bulgaria (DSB) party is proposing to its partners in the We Continue the Change-Democratic Bulgaria (PP-DB) coalition that..
Monday will be sunny and hot. In the east there will be light to moderate northeasterly winds. Maximum temperatures will be between 33° and 38°C , in..
Clear