According to data from Eurostat, Bulgaria has met the final criterion for joining the eurozone, namely price stability, Minister of Finance Temenuzhka Petkova announced at the beginning of an extraordinary meeting of the Council of Ministers. She stated that today is a very important day for the country.
"Bulgaria meets the final criterion for eurozone membership. This gives us the grounds to make a decision today to submit a request to the European Commission and the European Central Bank for the preparation of extraordinary convergence reports for Bulgaria."
The extraordinary convergence report on Bulgaria's readiness to join the eurozone will be requested as soon as the work on the state budget is completed, clarified Denitsa Sacheva, deputy leader of the parliamentary group of GERB-SDS. The budget is expected to be submitted to the National Assembly today.
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..
Partly Cloudy
Cloudy
Mostly Cloudy