The Bulgarian government has adopted a plan for the introduction of the euro in Bulgaria. At a briefing at the Council of Ministers, Deputy Prime Minister and Minister of Finance Asсen Vassilev explained that this is an operational plan that gives clear deadlines and tasks to banks, payment and state institutions, how exactly to introduce the euro, how to convert and reverse deposits and loans.
A number of legislative changes are forthcoming, including an amendment to the Bulgarian National Bank Act, and public and expert discussions on Bulgaria's accession to the euro area will continue, Vassilev said.
The cabinet ministers from the Bulgarian Socialist Party, BSP, voted against, stating as their motive the agreement on the formation of the government, according to which the decision is to be made after the Bulgarian National Bank makes an analysis of the effects. No such analysis has, as yet, been made, the BSP says.
The caretaker cabinet has approved state guarantees amounting to over EUR 79 million under loan agreements with the National Electric Company for financing the investment project on the modernization and rehabilitation of Chaira Hydro Power Plant...
According to the Bulgarian Consulate General in Valencia, no Bulgarian citizens have been reported dead or injured, the press office of the Bulgarian Ministry of Foreign Affairs told the BNR. There have been no reports of Bulgarian citizens in..
“I call for restraint on the part of politicians and for a constructive dialogue because the formation of a regular and stable government, such as we all want, is in their hands,” said caretaker PM Dimitar Glavchev at the beginning of today’s..
On Thursday morning visibility will be diminished in some valleys and parts of the lowlands. Along the Danube there will be fog. Minimum temperatures..
Nearly 30 people who had to fly to London with a low-cost airline were not allowed to board the plane at Sofia Airport. The flight was in the early..
Three Bulgarian companies have been sanctioned by the US for enabling the Russian military industry. According to the US Department of State and..
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