“Bulgaria is beginning close cooperation with the European Central Bank on synchronizing legislation and banking supervision for entering the ERM II mechanism,” announced at a briefing Finance Minister Vladislav Goranov.
After being given a government mandate to submit an application for membership of the European Banking Union, Minister Goranov stated that there is accord with the Eurozone countries that Bulgaria should be admitted to ERM II simultaneously with its admission to the Banking Union. Vladislav Goranov said he expected admission to ERM II to take place in mid-2019 after Bulgaria meets the commitments it has assumed.
It will be mostly sunn y on Wednesday. Cumulus clouds will develop in the afternoon hours. Brief showers are expected in some places, mainly in the mountainous regions. It will be hot in the lowlands, with maximum temperatures between 30°C and..
'Legal changes have been drafted in response to the frequent road accidents involving trucks, ' said Grozdan Karadzhov, the Deputy Prime Minister and Minister of Transport, after a meeting with non-governmental organisations focused on road safety, as..
'The business community is ready to join the eurozone, and a grim scenario is unlikely after the euro is adopted,' said Deputy Prime Minister and BSP leader Atanas Zafirov, as reported by BNR journalist Daniel Inkov. Prior to the publication of the..
At a meeting with International Monetary Fund (IMF) Managing Director Kristalina Georgieva, Prime Minister Rosen Zhelyazkov stressed that the country is..
More than 2,000 post offices in small towns and villages will exchange Leva for Euro from the day Bulgarian joins the Eurozone, Stanimir Belinov,..
Poetess, writer and publisher Bozhana Apostolova passed away at the age of 80 at her home in Plovdiv, her son, MP Manol Peykov, announced...
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