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.
Bulgaria’s Deputy Premier and Minister of Transport and Communications Grozdan Karadzhov met with North Macedonia’s Deputy Prime Minister and Minister of Transport Aleksandar Nikoloski at the Global Transport Connectivity Forum 2025 in Istanbul , the..
''To safeguard what has been achieved in the last 40 years for another 40 and beyond, Schengen will need constant renewal, and Bulgaria has a big role to play for this to happen'', European Commissioner for Internal Affairs and Migration Magnus..
Another protest against the adoption of the euro took place in Sofia and other cities in Bulgaria on June 28. The protest in the capital Sofia blocked traffic in the so-called "triangle of power". The demonstration was organized by the Citizens'..
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..
A segment of a global money laundering network operating through financial fraud has been dismantled, the Sofia District Prosecutor's Office and the..
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