The Eurogroup encourages Bulgaria to adopt the euro, according to a letter by its President Paschal Donohoe to European Council President Antonio Costa. The letter comes in connection with the upcoming meeting of the European leaders in Brussels on 20 March which will focus on the economy and competitiveness of the EU.
“The Euro remains a stable anchor in uncertain times,” the letter reads. “We monitor the plans of the non-euro area Member states related to euro introduction. In this context, Bulgaria is progressing on its plan to introduce the euro in 2026. (…) We support Bulgaria’s efforts to adopt the euro, based on the agreed criteria which will be evaluated by the institutions this spring. We commend Bulgaria's commitment and encourage further steps to ensure sustainable convergence,” the letter reads.
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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