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.
The weather on Saturday will be mostly sunny over most of Bulgaria. There will be considerable clouds in eastern Bulgaria before midday and rainfall is expected in the eastern areas, but precipitation will stop also there and clouds will break...
Authorities in Greece will deploy more police officers at the Promakhon checkpoint on the border with Bulgaria to speed up the processing of documents for people and vehicles crossing the border, reports BNR's correspondent in Greece, Katya Peeva...
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 informal meeting in Budapest of the interior ministers of Hungary, Bulgaria, Romania and Austria ...
According to an analysis by the Electricity System Operator, a shortage of electricity is expected as early as January and February next year. At a..
Bulgaria’s caretaker Foreign Minister Ivan Kondov and his Albanian counterpart Igli Hasani confirmed the firm commitment of the two countries to the..
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..
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Partly cloudy, chance of rain
Partly Cloudy
Partly cloudy, chance of snow