If the Bulgarian banks pass successfully the stress tests and the asset quality review, this country will be able to apply for the ERM2 mechanism in the beginning of July this year. The average stay in the Eurozone waiting room is two years and then the applicant countries usually need another year to prepare for the introduction of the European single currency. Bulgaria can adopt the Euro no earlier than January 1, 2022, this country’s Minister of Finance Vladislav Goranov announced. Minister Goranov attended a discussion in Sofia themed Bulgaria’s Path to the Eurozone. Valdis Dombrovskis, Vice President of the EC in charge of Euro, Social Dialogue, Financial Stability, Financial Services and Capital Markets Union and MEP Eva Maydell also took part at the forum.
Saturday will be cloudy with cumulus and cumulonimbus clouds, especially in the afternoon. Rain will fall in many places, with thunderstorms in some areas. Winds will be moderate west-northwest. Maximum temperatures will be between 14° and 19°C, around..
It is 21 years today since the tragedy in the River Lim on the border between Serbia and Montenegro, in which 12 Bulgarian children were killed. On 4 April, 2004, a group of 34 students and 16 adults from Svishtov were returning home from a school..
Bulgaria, Azerbaijan, Turkey and Georgia have signed a Memorandum of Understanding in Baku on cooperation in the transmission and trade of green energy. The document was inked by the energy ministers of Bulgaria and Azerbaijan, Zhecho Stankov and..
For the first time, the Day of the Bulgarian Canning Industry will be marked on April 3. The solemn event will take place in the..
The National Assembly is to vote the motion of no confidence in the cabinet of Rosen Zhelyazkov today. MPs discuss vote of no confidence in..
Bulgarian President Rumen Radev and Jordan's King Abdullah II will be hosting a high-level meeting under the Aqaba Process initiative, focusing on security..
Overcast, rain
sunshine, cloud, rain and thunder