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.
Most Bulgarians (60%) are optimistic about the future of the EU. The EU-wide figure is 65%, according to a Eurobarometer post-election survey published by the European Parliament. Positive attitudes towards the Community are also high - more..
Daily Mail Online published a letter from former teacher Simon Hill under the title “I’m living the Bulgarian retirement dream”. The retiree and his wife own two properties in Bulgaria. They get better healthcare, enjoy hot summers and ski in the..
Bulgaria and the United States are to expand the scope of their Intergovernmental Agreement for cooperation on the project for the construction of a new unit at the Kozloduy Nuclear Power Plant and the civil nuclear programme. This possibility was..
In December this year the Ministry of Finance will have covered the last of the criteria for accession to the Eurozone – inflation, said caretaker..
On Saturday, the lowest temperatures will be between 14 and 19°C; in Sofia - about 16°C. In the western regions, the highest..
30 buildings across the country will be illuminated in green tonight to mark European Donation Day – the European Day for Organ, Tissue and Cell..
Partly cloudy, chance of rain
sunshine, cloud, rain and thunder
Mostly Cloudy
Partly Cloudy
Overcast, rain