If the Bulgarian banks pass successfully the stress tests and the asset quality review, this country will be able to apply for the ERM2 mechanism in the beginning of July this year. The average stay in the Eurozone waiting room is two years and then the applicant countries usually need another year to prepare for the introduction of the European single currency. Bulgaria can adopt the Euro no earlier than January 1, 2022, this country’s Minister of Finance Vladislav Goranov announced. Minister Goranov attended a discussion in Sofia themed Bulgaria’s Path to the Eurozone. Valdis Dombrovskis, Vice President of the EC in charge of Euro, Social Dialogue, Financial Stability, Financial Services and Capital Markets Union and MEP Eva Maydell also took part at the forum.
New parking lots with over 1,000 parking spaces, including special areas for people with limited mobility and electric vehicle charging stations, were opened at Sofia Airport today. The parking lots are divided into short-term and..
A Bulgarian businessman has been charged by the European Public Prosecutor's Office with attempted fraud with Chinese agricultural machinery. He tried to present the machinery as Bulgarian-made. A lawsuit has been filed in the Sofia..
Boyko Boris s ov, leader of the GERB-SDS coalition that won the parliamentary elections on October 27, announced he is withdrawing his candidacy for prime minister. At a briefing at the party headquarters he urged the PP-DB to..
According to unofficial information, the Hungarian Presidency of the Council of the EU has drafted a decision for the full admission of Bulgaria and..
As of next year, use of solid fuels for domestic heating in buildings which are part of central heating and gas supply networks will be banned in nine..
The number of crimes committed in the conditions of domestic violence has gone up by 54% since the beginning of the year compared to last year, the..
+359 2 9336 661