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.
In the first quarter of 2025, 1.1 million Bulgarian citizens made tourist trips. 75.7% of them traveled only in the country; 20% - only abroad, and 4.3% traveled both in the country and abroad, according to NSI data. Bulgarian citizens aged 45 -..
An official Bulgarian delegation, led by Deputy Prime Minister Ivaylo Zafirov, began its visit to Dushanbe, Tajikistan, with a working meeting with the Tajik Minister of Labour, Migration and Employment, Kholmahmadzoda Soleha. The three-day visit..
In a coordinated operation on 8 May, Bulgarian and Turkish authorities arrested two Bulgarian nationals for their alleged involvement in an organised migrant trafficking network operating along the so-called 'Balkan route'. This route is used by..
Household consumers will remain on the regulated electricity market for an unlimited period, said Energy Minister Zhecho Stankov at a briefing at the..
On Thursday, minimum temperatures will range from 8°C to 14°C. Around 9°C is expected in Sofia. Cloud and rain expected in western and central Bulgaria..
The Ministry of Culture is expecting UNESCO to approve, by the end of 2025, the application of the Centre for Underwater Archaeology in Sozopol as a..
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