Bulgaria and Croatia have joined the ERM II exchange rate mechanism and the Banking Union, and in the next 3 years the two countries will prepare for the adoption of the single European currency, the European Central Bank has announced. Thus, the euro area may expand with new members for the first time since 2015, when Lithuania became its 19th member.
"This is a historic act that will be of great importance for the future of Bulgaria", said Bulgarian National Bank Governor Dimitar Radev at a briefing on Bulgaria's accession to ERM II. Finance Minister Vladislav Goranov added that this was equally important to Bulgarias membership in NATO and the EU, and the next logical step would be Bulgaria's accession to the euro zone.
On Saturday the weather will be sunny, with cumulus clouds developing in the afternoon in many parts. Temperatures will continue to rise, with minimum temperatures reaching 15-21° C., for Sofia 17° C. Daytime highs will range from 30° C., to 35° C.,..
The major repair works on the Danube bridge near Ruse, which will begin on 10 July, will be carried out without stopping traffic and without closing the facility, the Road Infrastructure Agency said, refuting false information published in the Romanian..
ContourGlobal Maritsa East 3 TPP has announced that another 160 people from the coal-fired power plant will be laid off in the coming months after the procedure for notifying the institutions and the workers has been completed, the company’s..
The Balkans are attracting more and more medical tourists, with Turkiye being the undisputed leader, ranking among the top 10 most preferred countries..
The Movement for Rights and Freedoms (DPS) will immediately return the second government- forming mandate , DPS Co-chairman Delyan Peevski told..
Hungary’s Deputy Interior Minister Bence Retvari stated that the abolition of Bulgaria and Romania’s Schengen borders by land is very important to the..
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