Bulgaria and Croatia have joined the ERM II exchange rate mechanism and the Banking Union, and in the next 3 years the two countries will prepare for the adoption of the single European currency, the European Central Bank has announced. Thus, the euro area may expand with new members for the first time since 2015, when Lithuania became its 19th member.
"This is a historic act that will be of great importance for the future of Bulgaria", said Bulgarian National Bank Governor Dimitar Radev at a briefing on Bulgaria's accession to ERM II. Finance Minister Vladislav Goranov added that this was equally important to Bulgarias membership in NATO and the EU, and the next logical step would be Bulgaria's accession to the euro zone.
The Bulgarian Maritime Training Center, is seeking state assistance to accelerate the procedures for the sale of the ferries "Heroes of Sevastopol" and "Heroes of Odessa" and the ship "Atanas Dimitrov", manager of the center, Dencho..
Bulgaria will not back down from its principled position for EU integration of the Western Balkans and is respecting its commitments, but it also insists that the Republic of North Macedonia respects the agreements reached. This..
Bulgaria has been assessed on its merits for meeting the Maastricht convergence criteria, which shows the similarity of the Bulgarian economy with the European Union's requirements for sustainability and stability, Prime Minister..
As expected, the European Commission's convergence report on Bulgaria, published today, confirms that the country is ready to adopt the euro on 1 January..
The vote in the European Parliament’s Foreign Affairs Committee on the annual report regarding North Macedonia's progress towards EU membership was..
''Today, the European Commission and the European Central Bank categorically stated that Bulgaria meets the criteria for eurozone membership. This..
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