The Bulgarian government has adopted a plan for the introduction of the euro in Bulgaria. At a briefing at the Council of Ministers, Deputy Prime Minister and Minister of Finance Asсen Vassilev explained that this is an operational plan that gives clear deadlines and tasks to banks, payment and state institutions, how exactly to introduce the euro, how to convert and reverse deposits and loans.
A number of legislative changes are forthcoming, including an amendment to the Bulgarian National Bank Act, and public and expert discussions on Bulgaria's accession to the euro area will continue, Vassilev said.
The cabinet ministers from the Bulgarian Socialist Party, BSP, voted against, stating as their motive the agreement on the formation of the government, according to which the decision is to be made after the Bulgarian National Bank makes an analysis of the effects. No such analysis has, as yet, been made, the BSP says.
The import of manpower from non-EU countries is record high, but does not cover the needs of the business sector. Since the beginning of the year, 4,202 third-country nationals have been registered for seasonal employment alone. This is 40% of the..
March 18, 2025 has been declared a National Day of Mourning in memory of the young people who died in the tragic fire in a nightclub in the town of Kočani, Republic of North Macedonia . The decision to this effect was made yesterday by the Bulgarian..
At night, the wind will shift from the north-northeast and bring in cold air. On Tuesday, cloudy weather will prevail. In many places there will be snowfalls. The lowest temperatures will be between minus 1°C and 4°C; in Sofia -..
Workers in state psychiatric hospitals have gone on strike demanding higher salaries and better working conditions, including adequate workplace..
North Macedonia’s Minister of Health Arben Taravari and his Bulgarian counterpart Silvi Kirilov, together with the Foreign Ministers of Bulgaria and..
Bulgaria ranks third among EU countries in terms of minimum wage growth in the period 2015-2025. According to Eurostat, during this..
Clear
Mostly Cloudy
Partly Cloudy