The full accession of Bulgaria and Romania to the Schengen area is strengthening the European Union's economy significantly. This is stated in a report by the European Commission on the state of the border-free zone, presented today.
The report highlights that since the beginning of this year, the two countries have fully joined Schengen, following an 18-year-long process. Prior to the abolition of internal border controls, Bulgarian and Romanian businesses were paying billions of euro a year due to increased logistics costs, delivery delays, high fuel prices and truckers' wages, BTA reported.
The document also notes that over the past year, several measures have been taken to strengthen Schengen, particularly in the area of securing external borders. It cites examples of joint efforts between Bulgaria, Austria, Greece, Hungary, Romania and Slovakia, as well as measures taken on the Bulgarian-Turkish border to prevent potential threats to the EU.
Bulgarian President Rumen Radev had a telephone conversation with Polish President Andrzej Duda ahead of the upcoming Three Seas Initiative Summit in Warsaw. Radev highlighted the importance and potential of bilateral industrial cooperation, including..
For the second year in a row, the Bulgarian Industrial Association (BIA) will today present its "Effectiveness of Economic Policy" index. The index identifies specific weaknesses in Bulgaria's economic policies that, if addressed, could improve the..
On Thursday lows will be between 7 and 12°C, 9°C in Sofia. Before noon it will be sunny. Around and after midday, cumulus clouds will develop and there will be brief showers in the western parts of the country. Maximum temperatures will be between 22..
A strong earthquake with a magnitude of 6.2 shook Istanbul at 12.49 local time and was felt to varying degrees across Bulgaria, BTA reported, citing the..
Sofia has met the last criterion for entering the eurozone. After meeting the inflation criterion, the data on the budget deficit for..
On April 23 and 24 from 10 a.m. to 4 p.m. the movement of all vehicles through the Petrohan Pass - Road II-81 will be limited because the removal of..
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