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.
A Bulgarian military formation will be sent with a solemn ceremony to participate in the operational reserve forces of NATO's force in Kosovo (KFOR). The ceremony, which will be attended by the Chief of Defense Admiral Emil Eftimov,..
On Wednesday , the lowest temperatures will be between minus 6° and minus 1°C. In Sofia, it will be around minus 3°. During the day, it will be mostly sunny. There will be more significant temporary increases in cloudiness over the..
North Macedonia’s Minister of Health Arben Taravari and his Bulgarian counterpart Silvi Kirilov, together with the Foreign Ministers of Bulgaria and North Macedonia, Georg Georgiev and Timco Mucunski, visited the citizens of North Macedonia who were..
Workers in state psychiatric hospitals have gone on strike demanding higher salaries and better working conditions, including adequate workplace..
A proposal for holding a referendum on preserving the Bulgarian lev has been submitted to the parliament's registry office. This was announced by the..
Bulgaria ranks third among EU countries in terms of minimum wage growth in the period 2015-2025. According to Eurostat, during this..
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