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.
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...
Fourteen people injured in the nightclub fire in the Macedonian town of Kočani have been admitted for treatment in Bulgaria, Pirogov Emergency Hospital Director Dr. Valentin Dimitrov announced at a briefing. Eight of them are in the intensive..
Three days of protests demanding better working conditions are to begin today in psychiatric hospitals and wards across the country. According to Dr Tsveteslava Galabova, head of the St Ivan Rilski State Psychiatric Hospital, psychiatric care is on..
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..
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..
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