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 Wednesday, minimum temperatures will range from 16 to 19 °C. The day will be sunny, with cumulus clouds forming over the mountains in the afternoon and occasional brief showers. Maximum temperatures will range from 30 to 35°C . In the capital -..
The new chairman of the State Agency for Refugees, Ivan Ivanov, has asked the Council of Ministers to conduct an inspection of the agency . The audit should establish whether there were any irregularities in the spending of funds, reporter Daniel..
A total of eight new European bison (two males and six females) were brought in two stages in June to the area of the village of Zhenda in the Eastern Rhodopes by the Rewilding Rhodopes Foundation, BTA has reported. Satellite transmitter-collars were..
One million vehicles have passed through the Greek Promachonas checkpoint on the border with Bulgaria (opposite Kulata) since the beginning of the year,..
EU Commissioner for Home Affairs and Migration Magnus Brunner, together with Bulgarian Interior Minister Daniel Mitov and Greek Deputy Minister for..
Bulgaria’s Deputy Premier and Minister of Transport and Communications Grozdan Karadzhov met with North Macedonia’s Deputy Prime Minister and Minister..
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