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.
The third vote of no confidence against the cabinet of Rosen Zhelyazkov has also proved unsuccessful. 130 of the MPs present from GERB - SDS, BSP - United Left, ITN and "DPS - New Beginning" voted against the proposal. 54 MPs from..
Foreign Minister Georg Georgiev has met with ambassadors and diplomats from EU Member States, the US, Canada, the UK and Switzerland in Bulgaria. The diplomats were briefed in detail on the increasing trends of institutional..
A concession will be granted for the Port of Varna, which is an opportunity for investments worth hundreds of millions, Deputy Prime Minister Grozdan Karadzhov told the Parliamentary Committee on Transport and Communications, as quoted by..
A new lane for heavy trucks over 12 tons will be opened at the Danube Bridge in Ruse, announced Ruse Regional Governor Dragomir Draganov. The initiative..
Gorna Oryahovitsa is the largest non-district town in Northern Bulgaria. It is located near Bulgaria’s old capital, Veliko Tarnovo, and is an important..
On July 7, the Bulgarian National Bank (BNB) puts into circulation a silver commemorative coin titled "175 Years Since the Birth of Ivan Vazov", BNB..
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