Bulgaria will apply for accession to the ERM 2 mechanism by the end of April, this country’s Premier Boyko Borissov said in the town of Haskovo, South Bulgaria. Premier Borissov voiced regret that the application for this mechanism has been delayed and pointed out that the current crisis showed that the countries part of the ERM2 and the Eurozone will receive millions of Euros while the rest will borrow loans. Bulgaria has an excellent financial and economic structure and has to meet only one requirement, in order to join ERM2, Premier Borissov further said.
At today's meeting, the Bulgarian Council of Ministers approved the establishment of a coordination mechanism for monitoring and control related to the introduction of the euro in Bulgaria. This provides an additional guarantee for a smooth transition..
As expected, the European Commission's convergence report on Bulgaria, published today, confirms that the country is ready to adopt the euro on 1 January 2026, having fulfilled all the relevant criteria, including those related to inflation, BNR's..
The vote in the European Parliament’s Foreign Affairs Committee on the annual report regarding North Macedonia's progress towards EU membership was deferred, BNR’s Brussels correspondent Angelina Piskova reports. The report was removed from the..
According to data from the Ministry of Labor and Social Policy, the average salary in Bulgaria during the first quarter of 2025 amounted to 2,443 BGN..
Joining the Eurozone, which includes 20 major European economies, will have an impact for the next 10, 20, 30 years, Bulgaria’s Premier Rosen..
Negotiations for a vote of no confidence in Rosen Zhelyazkov's government will begin after July 9, when Bulgaria's adoption of the euro becomes..
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