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.
Tuesday will be a day of national mourning as an expression of solidarity with our closest neighbour in the Balkans, Prime Minister Rosen Zhelyazkov announced. A fire at a disco in the North Macedonian city of Kočani killed 59..
The fire in town of Kočani, which claimed the lives of 59 people and left 155 injured, was a foreseeable event, said Associate Professor Milen Ivanov, a security expert and former deputy rector of the Academy of the Ministry of the Interior...
Stefanija Alexova, a sophomore at the American University in Bulgaria (AUBG), is one of the victims of the Kočani fire. She was born in the Macedonian town, which became the scene of the tragedy where 59 people lost their lives and 155 were injured...
A protest was held in the city of Pernik against animal abuse and for maximum sentences for two residents of the city, Gabriela Sashova..
March 18, 2025 has been declared a National Day of Mourning in memory of the young people who died in the tragic fire in a nightclub in the town of..
At night, the wind will shift from the north-northeast and bring in cold air. On Tuesday, cloudy weather will prevail. In many places..
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