The Borissov cabinet approved the assumption of commitments which Bulgaria must fulfil after it joins the Banking Union and ERM II, the European exchange rate mechanism which precedes accession to the Eurozone.
According to the press service announcement the commitments are in the sphere of the non-banking financial sector, administration of state-owned enterprises, the bankruptcy framework and the fight against money laundering. Negotiations are forthcoming with the European partners, including the members of the Eurogroup and representatives of Denmark. This country is expected to enter the so-called Eurozone waiting room this month. The last step before that is the capitalization of First Investment Bank with the deal for the acquisition of shares by the Bulgarian Development Bank and private investors being completed by 3 July.
On Sunday the weather will be predominantly cloudy, with the clouds scattering temporarily over Western Bulgaria. There will be rain in many parts with thunder in the Rhodopes and the Eastern regions where there will be more significant rainfall...
30 buildings across the country will be illuminated in green tonight to mark European Donation Day – the European Day for Organ, Tissue and Cell Donation, the Executive Agency Medical Supervision has announced. The idea is to show solidarity for the..
“One of the leading factors of motivation and morale of the people fighting at the front is the availability of fast and reliable medical evacuation, as well as of effective and adequate medical assistance and its provision in the immediate vicinity..
In December this year the Ministry of Finance will have covered the last of the criteria for accession to the Eurozone – inflation, said caretaker..
30 buildings across the country will be illuminated in green tonight to mark European Donation Day – the European Day for Organ, Tissue and Cell..
On Saturday, the lowest temperatures will be between 14 and 19°C; in Sofia - about 16°C. In the western regions, the highest..
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