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.
“We are going to take part in talks with GERB, but if they intend to get Delyan Peevski in through the front door we’re out,” said MEP Ilhan Kyuchuk from the Alliance for Rights and Freedoms, chair of the European Parliament's Committee on Legal..
“We do not have an answer, as yet, from any political party, to the proposal for a cordon sanitaire around the Movement for Rights and Freedoms-New Beginning in the 51 st National Assembly,” said Kiril Petkov, co-chair of We Continue the Change in..
During the first 9 months of 2024, the Bulgarian National Bank has put an additional 11 million 100-Leva banknotes into circulation in the country. At the beginning of the year, there were more than 131 million 100-Leva bills in circulation..
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..
Mostly Cloudy
Partly Cloudy