Bulgaria and Croatia still need to work to fix their economies and improve their institutions before joining the Eurozone, the member of the European Central Bank’s Executive Board Fabio Panetta said on Monday, Reuters reports. The reforms undertaken by both countries will not address all imbalances and vulnerabilities they face. More progress is needed to improve governance, their legal framework and the overall quality of the institutions, Fabio Panetta says further. The two countries recently joined the ERM-2, known as the Eurozone waiting room and will be able to adopt the Euro in 2023 at the earliest.
On Thursday, minimum temperatures in Bulgaria will be in wide limits, from minus 6° - minus 8°C in places with fog, to about 5°C in the extreme southwestern regions of the country. In Sofia, it will be about minus 1°C. During the day,..
Our country has a six-month deadline until the end of August 2025 to restart the process of adopting the laws related to the Recovery and Resilience Plan. This will be done in an attempt to save most of the second payment under the plan,..
The Ministry of Interior is performing well. There has been an increase in the amount of seized drugs and human traffickers caught at the Schengen borders , Minister of Interior Daniel Mitov said in response to a journalist's question about how the..
On Wednesday, minimum temperatures will range between minus 5° C. and zero, lower in the Northeastern parts of the country where they will drop down..
“There is no change, Bulgarian troops are not going to be sent to Ukraine,” said PM Rosen Zhelyazkov in a comment about the meeting between US..
Bulgaria is to take part in common procurement procedures in the sphere of defence at an EU level, under projects for the acquisition of IRIS-T air..
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