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.
On Monday, it will be mostly cloudy over most of the country and in some places it will rain. The lowest temperatures will be between 4° and 9°C; in Sofia - about 6°C. The highest will be between 13° and 18°C, slightly lower along..
“I am deeply saddened by the news of the horrific missile attack on the center of the city of Sumy on Palm Sunday,” Prime Minister Rosen Zhelyazkov wrote on the social network X. The Prime Minister expressed empathy for the..
Citizens of Sofia gathered for a protest once again today in memory of 12-year-old Siyana, who died in a car accident. Mass demonstrations continue across the country against the deadly behaviour of drivers on the Bulgarian roads...
Five out of seven paediatricians at the capital's Fifth Multiprofile Hospital for Active Treatment "Knyaginya Klementina" have submitted their resignations..
Public transport workers in Sofia, Varna and Ruse took to the streets of the capital under the slogan “Decent work – decent pay! Without transport there..
Bulgarians, especially young people, need to understand that it is essential to have an employment contract to protect their labour rights, Labour and..
Overcast, rain
Cloudy
Scattered showers