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.
As International Children’s Day, 1 June, approaches, UNICEF and the National Statistical Institute presented “Children in Bulgaria: Key data and tendencies in 2024”, an analysis of the demographic, health, educational, social and economic indicators...
The national sheepbreeders’ festival is bringing together people from the sector, fans of tradition, folklore, and healthy farm food, as well as of old-time culinary tradition, near the St. Peter and Paul Monastery today, BNR’s correspondent in..
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Protests in defence of the Bulgarian lev and against the adoption of the euro currency are scheduled to take place on May 31 in many cities and towns..
“The attempts to attack me over the fact that I enacted the law on adoption of the Euro are a vapid manipulation because there are absolutely no dates..
Raising fines for traffic offences and an enhanced police presence – these are the measures announced by Interior Minister Daniel Mitov after the..
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