The Borissov cabinet approved the assumption of commitments which Bulgaria must fulfil after it joins the Banking Union and ERM II, the European exchange rate mechanism which precedes accession to the Eurozone.
According to the press service announcement the commitments are in the sphere of the non-banking financial sector, administration of state-owned enterprises, the bankruptcy framework and the fight against money laundering. Negotiations are forthcoming with the European partners, including the members of the Eurogroup and representatives of Denmark. This country is expected to enter the so-called Eurozone waiting room this month. The last step before that is the capitalization of First Investment Bank with the deal for the acquisition of shares by the Bulgarian Development Bank and private investors being completed by 3 July.
“When we deal with diplomacy, we must deal with facts and the official truth,” Minister of Foreign Affairs Georg Georgiev said during the debates in the National Assembly on the vote of no confidence in the government due to failure..
The program for humanitarian assistance to displaced persons from Ukraine has been extended by a month, the government press service reported. During this time, humanitarian assistance will continue to be provided to Ukrainian..
“Democracy, Rights and Freedoms” – DPS will support the government at least until the coming of the convergence report on the eurozone, which is expected in June this year, it became clear from the declaration adopted at a six-hour..
Today is the last day of operation of Bulgaria's second largest coal-fired power plant, ContourGlobal Maritsa East 3 TPP. From tomorrow, 130 of the..
The increase in vignette prices will take effect on May 1, while the new higher toll fees for heavy goods vehicles and buses will take effect on April 1..
The sea waves have pushed the oil ashore, which was released by a ship in the waters near Varna on the morning of March 31. The pollution was localized..
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