The draft act on the euro is in the final stage of preparation, Governor of the Bulgarian National Bank, Dimitar Radev, told BTA on the sidelines of the Annual Meeting of the World Bank and the International Monetary Fund in the Moroccan city of Marrakech.
In order for the law to be adopted, however, Bulgaria must first receive confirmation for its entry into the Eurozone from January 1, 2025, Finance Minister Assen Vassilev, who also participated in the meeting, pointed out.
"The law is purely technical – it reads that in all laws the currency is changed from lev to euro. This was also done in Croatia,” Vassilev also said. The minister is optimistic that this country will become part of the Eurozone on January 1, 2025.
A damaged surface drone was destroyed today about 80 km east of Varna in the waters of the Black Sea by the Bulgarian Navy , the Ministry of Defense announced. The drone was discovered on September 15 by the Navy, in cooperation with allied forces..
The water problem in recent years has not only not been solved, but has also been exacerbated by the lack of coordinated actions between institutions , the state and municipalities. With these words, Prime Minister Rosen Zhelyazkov opened the first..
Opera stars Sonya Yoncheva and Plácido Domingo will bring to Sofia a host of opera managers and 32 young opera singers from 17 countries across five continents. From October 20 to 26, the world’s most prestigious competition for young opera singers,..
Motorway Europe-A6, which is 63 kms. long, has been put into operation. Connectivity between the Orient and Western Europe is now a fact, Minister of..
Bulgaria is ready to down Russian drones. The Northeastern part of the country is actively being monitored, Minister of Defence Atanas Zapryanov..
In order for young people to be adequately prepared for the challenges of contemporary life and the demands of today’s labour market, education needs to..
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