As of September 15, the European Commission formally closes the Cooperation and Verification Mechanism (CVM) for Bulgaria and Romania. The mechanism was set up for the two countries in 2006, before their accession to the EU, as they still had progress to make in the fields of judicial reform, corruption and (for Bulgaria) organised crime.
The progress of Bulgaria and Romania in the rule of law will be assessed only under the annual Rule of Law Cycle as for all Member States.
Bulgaria's last progress report under the mechanism was in October 2019, when EC concluded that the country had satisfactorily met its obligations set out under the CVM at the time of accession to the Union.
The monitoring mechanism remained in power until 5 July 2023, when the Commission informed both the Council and the European Parliament of its intention to formally close the CVM.
Bulgarians are well acquainted with the wry refrain, “Winter surprised us again” — a phrase trotted out with equal parts amusement and irritation each year, as the first snowfall throws the country into disarray. But this year, perhaps it should be:..
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Joining the eurozone will provide Bulgaria with stability as part of the common currency area, said Christine Lagarde, President of the European Central Bank (ECB), in a press conference following an ECB interest-rate meeting, according to BTA. She..
The entire Europe Motorway will be open for traffic o n Sunday (September 14) , Bulgaria’s Minister of Regional Development and Public Works Ivan..
On Thursday, temperatures will be between 16 and 19°C , with 16°C in Sofia. During the day, a cold atmospheric front passing from west to east will bring..
A new Institute for the Bulgarian Diaspora and Cultural Heritage Abroad has been launched at the University of Library Studies and Information..
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