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.
Vice President Iliana Iotova pointed out that the changed texts in the Constitution have turned against their creators. Yotova told journalists that "because of these changes in the Constitution, the Speaker of the National Assembly cannot be..
New car sales in Bulgaria in October increased three times more than the average for the European Union , where the purchase of new cars is only 1.1%. According to the Association of European Automobile Manufacturers, 75.9% of cars registered in..
77 per cent of those employed in Bulgaria's secondary education system are ready to go out on strike demanding a pay rise in the sector, according to a national survey by Podkrepa trade union. Half of those surveyed are in favour of a nation-wide..
“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..
Romania and Bulgaria have a chance to join the Schengen area by land as of January 2025 , Hungarian Interior Minister Sándor Pinter said after an..
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