Bulgaria and Croatia still need to work to fix their economies and improve their institutions before joining the Eurozone, the member of the European Central Bank’s Executive Board Fabio Panetta said on Monday, Reuters reports. The reforms undertaken by both countries will not address all imbalances and vulnerabilities they face. More progress is needed to improve governance, their legal framework and the overall quality of the institutions, Fabio Panetta says further. The two countries recently joined the ERM-2, known as the Eurozone waiting room and will be able to adopt the Euro in 2023 at the earliest.
The Municipality of Burgas has declared a partial state of emergency until October 6. Mayor Dimitar Nikolov said that evacuations will be carried out in the areas most affected by the heavy rainfall, if necessary. The measure was introduced due to..
''Funds disbursed under all EU operational programs amount to 3.3 billion BGN (1.587 billion EUR). A total of 12 billion BGN (5.770 billion EUR) has been contracted, representing 50% of the total funding. Contracting has accelerated by 50%, and..
''We are shocked and deeply saddened by the heinous attack on a synagogue in Manchester, especially on Yom Kippur — the holiest day in the Jewish calendar'', stated the Ministry of Foreign Affairs in a post on the platform X. "We join British..
No significant change in the weather is expected over the next 24 hours. It will remain cloudy with widespread and, in many areas, heavy rainfall. It..
The European Flood Awareness System (EFAS) has issued a warning of expected complications in Bulgaria on 3 October . Interior Minister Daniel Mitov..
''Sabotage groups are operational in Bulgaria, and they exert hybrid influence and are part of Bulgaria's political life'', Prime Minister Rosen..
Cloudy
Scattered showers
Cloudy
Overcast, rain
Rain