Bulgaria's Finance Minister Vladislav Goranov has confirmed that Bulgaria is continuing its plan to enter the ERM-2 exchange rate mechanism. One of the commercial banks in the country still need to comply with the European Central Bank's recommendations for additional capital buffers. In doing so, Bulgaria will meet the requirements for applying to join the European Banking Union and ERM-2. According to Prime Minister Boyko Borissov, this is the only right course for a guaranteed way out of the crisis, "because anyone in the banking union, in the ERM-2 or in the Eurozone can use trillions of euros to recover. Who is not a member, is left to cope alone."
After the update of pensions under the so-called Swiss rule from July 1 by 8.6%, the average monthly pension of a Bulgarian pensioner for July exceeded 1,000 BGN, reaching 1015.22 BGN (519 EUR). This was announced by the National Social Security..
Bulgaria's Road Infrastructure Agency has warned that toll cameras now also detect the wearing of seat belts. The new function has been active since August 12 and the cameras have already recorded 170 violations. Risk of dying on the road in..
A statement from the Road Safety Institute, sent to the media, reports that the risk of dying on the road in Bulgaria is 2.5 times higher than the average for the European Union. Data for July and the first half of August show that..
On the occasion of International Lighthouse Day, the oldest lighthouse in Bulgaria, which is located in Shabla, opened its doors for..
In the extremely difficult and rocky terrain above the village of Ploski, with a slope of over 70 degrees, the third outbreak of the..
A statement from the Road Safety Institute, sent to the media, reports that the risk of dying on the road in Bulgaria is 2.5 times..
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