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 Friday, the lowest temperatures will range from 14°C to 22°C, 16°C in Sofia. During the day, it will be mostly sunny over the northwestern and far eastern parts of the country. Cloud cover will be significant in the rest of the country and..
All serious fires in the country have been contained, said Alexander Dzhartov, Chief Commissioner and Director of the General Directorate for Fire Safety and Civil Protection, quoted by BTA. He added that efforts are currently underway to purchase new..
A new draft law on the supply chain for agricultural products and food proposes the introduction of quotas for Bulgarian produce in large retail outlets, as well as limits on trade mark-ups across the supply chain . Under the proposal, at least..
The Council of Ministers has decided to grant a total of €460,176 in aid to families affected by the forest fires. 'Until now, they could apply for..
More than 400 musicians from Serbia, Hungary, Georgia, Colombia, the Czech Republic, Moldova and Bulgaria will participate in the 33rd..
Members of Parliament have approved the confiscation of assets obtained through criminal activity, even when such assets are held or possessed by third..
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