The Eurozone countries are ready to support Croatia and Bulgaria to enter ERM-2, also known as the Eurozone’s waiting room, an early stage on the path to membership of the euro currency, Reuters informs citing high-ranking sources in the EU. The decision was officially approved by the Eurozone’s Finance Ministers and the Ministers of Finance of the EU. A video conference meeting of ECOFIN will be held on Friday and Saturday. The news will be prpbably announced after the closure of the markets or during the weekend to avoid speculations. Two years after the countries join ERM-2, they will begin practical preparation for accession to the Eurozone. They will adopt the Euro at the earliest in 2023, Reuters notes.
The planned annual maintenance of Unit 6 of Bulgaria's only NPP, Kozloduy, has been completed. The unit was connected to the national grid at 10:07 following an inspection by the Nuclear Regulatory Agency. In addition to the repairs made to improve..
A quadripartite meeting of the interior ministers of Bulgaria, Hungary, Austria and Romania in Budapest on 22 November made it clear that Austria would lift its veto and that Bulgaria and Romania would probably become full members of Schengen from the..
President Rumen Radev met with Bulgarians living and working in Singapore during his visit to the Asian country on November 22-24. There are an estimated 400 Bulgarians living in Singapore. "Our diaspora in Singapore occupies a very special..
According to an analysis by the Electricity System Operator, a shortage of electricity is expected as early as January and February next year. At a..
“It’s time to lift internal border controls now,” European Commissioner for Home Affairs Ylva Johansson believes. In an interview with RFE/RL she..
The Constitutional Court has opened a case following the request by President Rumen Radev for the amendments to the Constitution, endorsed by the 49 th..
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