A national plan for the introduction of the euro in Bulgaria should be drawn up by 30 June, 2021, and the indicative date for membership of the currency union is 1 January, 2024.
This is made clear by a draft decree by the Council of Ministers for the formation of a Coordination Council to prepare Bulgaria for membership of the Eurozone, posted on the Ministry of Finance’s website. The Coordination Council is to be headed by the minister of finance. The plan is to indicate how long the Lev and the Euro will be in use concurrently, fix a deadline for the exchange of Levs to Euros and other essential details, the website investor.bg writes.
Six countries, including Bulgaria, are at risk of non compliance with the EU fiscal framework in 2026. This is highlighted in the 2026 European Semester Autumn Package, adopted by the European Commission. Another 12 countries are urged to continue..
“Borders cannot be changed by force, and Ukraine’s long-term security must be guaranteed”, Bulgaria’s Premier Rossen Zhelyazkov said during a videoconference meeting of the “Coalition of the Willing”, led by French President Emmanuel Macron and UK..
Business forum on the topic "Bulgaria - China: cooperation in the automotive sector" is being held on November 26 in Sofia. Its organizers are the Bulgarian Chamber of Commerce and Industry and the Embassy of the People's Republic of..
Bulgaria will not have to bail out eurozone countries that are experiencing difficulties. This is what Lilyana Pavlova, former vice..
Two billion euros in additional state guarantees and a concession of the Bulgarian Sports Totalizator are part of changes to the draft..
Bulgarian and Chinese researchers discussed scientific cooperation at a forum in Sofia on Friday, attended by representatives of the Bulgarian Academy of..
Rain
Mostly Cloudy
Scattered showers
Cloudy
Cloudy
Overcast, rain