Bulgaria is well advanced in the process of meeting the criteria for joining the Eurozone, European Central Bank President Christine Lagarde said during her regular press conference.
Christine Lagarde was asked to comment on the country’s intention to request extraordinary convergence reports to assess the fulfillment of the criteria for joining the Eurozone. According to Lagarde, the main evaluation is carried out by the European Commission. According to Lagarde, the ECB is “marginally involved in the process, because we do not pass judgment on anything else than convergence toward inflation''. ''From what I have seen and the discussions I have had with Bulgarian authorities, I am confident that this process is going well", said Christine Lagarde.
Bulgaria’s Anti-Corruption Commission is investigating a large-scale property fraud and money laundering scheme connected to the 'Historical Park', which is associated with Ivelin Mihaylov, the leader of the Velichie party. Those arrested include the..
The ruling party and the opposition argued about the procedure for the Budget Committee meeting before the final vote on the 2006 budget . Assen Vassilev, chairman of the We Continue the Change party, attempted to block the committee’s extraordinary..
Employees in the agriculture and forestry sector staged a protest in front of the Parliament, demanding higher salaries for workers in departments that are secondary budget administrators. The protest was organized by the National Federation of..
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