At the beginning of 2019, a report on the progress of Bulgaria on the road to the euro-zone waiting room - the ERM II Currency Mechanism, will be prepared. This was said by EC Vice president Valdis Dombrovskis in Brussels, where the 20th anniversary of the single European currency was celebrated.
He pointed out that Bulgaria was currently implementing the roadmap agreed in July, which places 6 conditions for the country to join the ERMII mechanism. The Commissioner said that Bulgaria has marked the biggest progress in the process, followed by Croatia. At the beginning of 2019, reviewing the assets of six leading banks in Bulgaria will take place. This is mandatory before the European Central Bank takes over the direct supervision of part of the Bulgarian banking system.
Vice President Iliana Iotova pointed out that the changed texts in the Constitution have turned against their creators. Yotova told journalists that "because of these changes in the Constitution, the Speaker of the National Assembly cannot be..
New car sales in Bulgaria in October increased three times more than the average for the European Union , where the purchase of new cars is only 1.1%. According to the Association of European Automobile Manufacturers, 75.9% of cars registered in..
77 per cent of those employed in Bulgaria's secondary education system are ready to go out on strike demanding a pay rise in the sector, according to a national survey by Podkrepa trade union. Half of those surveyed are in favour of a nation-wide..
“It’s time to lift internal border controls now,” European Commissioner for Home Affairs Ylva Johansson believes. In an interview with RFE/RL she..
The Constitutional Court has opened a case following the request by President Rumen Radev for the amendments to the Constitution, endorsed by the 49 th..
Romania and Bulgaria have a chance to join the Schengen area by land as of January 2025 , Hungarian Interior Minister Sándor Pinter said after an..
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