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.
The situation with freedom in the world is deteriorating, and authoritarianism is increasing, according to the annual ranking of the non-governmental organization "Freedom House" , which monitors the state of democracy around the world. The countries..
Ukrainian citizens living in the region of Plovdiv will be able to renew their documents for temporary protection in Bulgaria at six points in Plovdiv, the Plovdiv Regional Police Directorate announced. The Bulgarian government has extended the..
A protest against the adoption of the euro is taking place between the buildings of the Bulgarian Parliament and the Bulgarian National Bank in central Sofia. "The lev is a symbol of independence," "We do not want the euro," "People's Court for 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..
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..
“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..
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