On Friday, 13 October, parliament will put to the vote the motion of no-confidence in the government of Prime Minister Nikolay Denkov, National Assembly President Rosen Zhelyazkov announced after 4 hours of debate. According to the Rules of Organization and Procedure of the National Assembly, the voting can take place no earlier than 24 hours after the end of the debates on the matter. For the no confidence vote to be approved, no less than 121 MPs out of the total of 240 MPS have to have voted in favour. The motion was tabled by the opposition Bulgarian Socialist Party, There Is Such a People (ITN) and Vazrazhdane over “the government’s failure in the energy sector”.
“The opposition sought a no confidence vote in the government over its failure in the energy industry. The only thing that we have seen fail today are the attempts by the opposition to deceive the Bulgarian people that there is some kind of energy apocalypse coming,” PM Denkov said. The government and Brussels are not going to close down coal-fired power stations, they will close under pressure from the energy market. Nikolay Denkov said further that there will be no energy shortage in the country, as work is underway to introduce a number of new capacities. By 2040, an increase in the capacities installed is expected - from 13,000 to 30,000 MWh. “Bulgaria only stands a chance of remaining an exporter of energy to neighbouring countries if it modernizes its technological capacities, PM Denkov said. The Bulgarian prime minister stated he did not expect the vote of no confidence to go through.
The final decisions on Bulgaria's accession to the eurozone on January 1 next year are being voted on today by the European Parliament in Strasbourg and the Council of EU in Brussels after a process that has lasted for decades...
Eurogroup finance ministers confirmed on Monday that the euro- lev exchange rate would remain unchanged after Bulgaria joins the eurozone. This was announced by President of the Eurogroup Paschal Donohoe. Today, the European Parliament in Strasbourg..
During its plenary session in Strasbourg today, the European Parliament is scheduled to vote on Bulgaria’s accession to the eurozone on 1 January 2026. Today, the EU Council in its ECOFIN format (which includes the countries that have adopted..
With 531 votes in favour, 69 against and 79 abstentions, the European Parliament approved Bulgaria's accession to the eurozone on 1 January 2026...
The EU Council on Economic and Financial Affairs (ECOFIN) unanimously approved the final three acts enabling Bulgaria’s accession to the eurozone...
The EU's Economic and Financial Affairs Council (ECOFIN) has allowed Bulgaria and 14 other EU countries to exceed their budget limits in order to boost..
+359 2 9336 661