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 cabinet headed by Rosen Zhelyazkov survived the second vote of no confidence. It was submitted by the MECH party, with the support of "Vazrazhdane" and "Velichie" parties due to its failure to deal with corruption. MECH files vote of no..
In July, it will become completely clear whether Bulgaria will join the eurozone on January 1, 2026. This was stated in an interview with the Bulgarian National Radio by Deputy Minister of Finance Metodi Metodiev. The two reports on the assessment..
Bulgaria does not impose additional conditions on the process and negotiations of the Republic of North Macedonia with the EU, said Vice President Iliana Iotova at the opening of the “EU meets the Balkans” forum in Sofia. The forum is atte nded..
For the first time, a unique collection of Western European textile panels (tapestries) is on display at the National Gallery – Square 500. The..
When carrying out border control and compensatory measures, Border Police officers also carry out checks in the automated information..
During the night, the cloud cover will break and decrease. There will still be light rain showers in some places in the southern..
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