Bulgaria and Croatia have joined the ERM II exchange rate mechanism and the Banking Union, and in the next 3 years the two countries will prepare for the adoption of the single European currency, the European Central Bank has announced. Thus, the euro area may expand with new members for the first time since 2015, when Lithuania became its 19th member.
"This is a historic act that will be of great importance for the future of Bulgaria", said Bulgarian National Bank Governor Dimitar Radev at a briefing on Bulgaria's accession to ERM II. Finance Minister Vladislav Goranov added that this was equally important to Bulgarias membership in NATO and the EU, and the next logical step would be Bulgaria's accession to the euro zone.
The Council of Ministers approved the signing of a Security Cooperation Agreement between Bulgaria and Ukraine and Bulgaria's accession to the Ukraine Compact, presented during the NATO Summit in Washington in July. The Ukraine Compact was..
A all-out war in the Middle East would be the worst case scenario, stated by the Caretaker Minister of Defense Atanas Zapryanov to journalists in the Council of Ministers. He stressed that with the escalation of tension the refugee flows will increase...
The deadline for submitting advance applications to vote abroad for the upcoming early parliamentary elections on October 27 has expired. It is expected that about 720 polling stations will be opened outside Bulgaria , and the exact number will be..
Some of the Bulgarians in Lebanon were evacuated on a government aircraft flight on Monday evening. The first group, consisting of 89 people, mostly..
''The second evacuation flight from Lebanon will be carried out today around noon, provided the circumstances are favorable'', caretaker Premier Dimitar..
The Kalotina border checkpoint on the border with Serbia has already been renovated and has a nearly 30% increased capacity for passenger cars. It has..
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