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.
Overnight, clouds over the north and east will bring brief showers. There will be light to moderate westerly winds which will increase in strength on Monday, veering north-west and bringing in cold air. Showers will be widespread, especially in the..
The Bulgarian Ministry of Foreign Affairs confirmed that there are no reports of Bulgarian citizens being injured in the fire in the Macedonian city of Kočani. The Bulgarian Embassy in Skopje is in constant contact with Macedonian authorities and..
Thirty-three Bulgarian winemakers are representing the country at the International Wine and Spirits Fair in Düsseldorf, Germany. Speaking at the opening of the Bulgarian stand, Deputy Minister of Agriculture and Food Stefan Burdzhev said:..
A protest was held in the city of Pernik against animal abuse and for maximum sentences for two residents of the city, Gabriela Sashova..
Fourteen people injured in the nightclub fire in the Macedonian town of Kočani have been admitted for treatment in Bulgaria, Pirogov Emergency Hospital..
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..
+359 2 9336 661