The Bulgarian National Assembly approved on first reading the draft for ratification of the Comprehensive Economic and Trade Agreement between Canada and the European Union, known as CETA. 110 MPs voted in favor, 98 MPs were against and 7 MPs abstained. CETA envisages abolition of customs duties, simplification of customs rules and procedures. The Parliamentary groups of the United Patriots and the Bulgarian Socialist Party voted against. The risk of penetration of genetically modified products on the market and possible restriction on national sovereignty were among the arguments of the two parliamentary groups to vote against CETA. Podkrepa Confederation of Labor called on the Bulgarian MPs to vote against CETA, because in their view, this agreement will harm small and medium-sized business in Bulgaria. If the draft for the ratification of CETA is approved on second reading, the agreement will enter into force.
Full EU membership is neither the end of the story nor a solution to all problems. Realism and accurate self-assessment must guide important decisions, said MP Toma Bikov on behalf of the GERB-SDS parliamentary group after Bulgaria's accession to the..
An online currency converter is now available on the official website for the introduction of the euro in Bulgaria: evroto.bg. Following the official announcement of the exchange rate of 1.95583 leva to one euro, the calculator has been made easily..
The EU's Economic and Financial Affairs Council (ECOFIN) has allowed Bulgaria and 14 other EU countries to exceed their budget limits in order to boost defence spending . This will enable the countries to take on additional debt for defence purposes...
Partly Cloudy
Clear