A national plan for the introduction of the euro in Bulgaria should be drawn up by 30 June, 2021, and the indicative date for membership of the currency union is 1 January, 2024.
This is made clear by a draft decree by the Council of Ministers for the formation of a Coordination Council to prepare Bulgaria for membership of the Eurozone, posted on the Ministry of Finance’s website. The Coordination Council is to be headed by the minister of finance. The plan is to indicate how long the Lev and the Euro will be in use concurrently, fix a deadline for the exchange of Levs to Euros and other essential details, the website investor.bg writes.
Bulgaria will be given six months to carry out the necessary reforms connected with the liberalisation of the energy market , otherwise it stands to lose EUR 653 million which it should receive as a second payment under the Recovery and..
The second edition of the Festival of Apiculture Products continues in Pleven. The exposition features honey and apiculture products, as well as honey cosmetics. The initiative for the event belongs to the regional apiary union and the Pleven..
During the night it will be cloudy with rainfalls in the western and central regions of Bulgaria, as snowfalls are possible in the high western areas. There will be almost no precipitation in the easternmost regions. The morning..
The average gross annual salary in Bulgaria in 2023 is 24,485 BGN (EUR 12,519) which is an increase of 15.3% compared to 2022, according to data from..
On Friday, cloudy weather will prevail over the country. The wind will be oriented from the northwest, will strengthen and in the Danube Plain its speed..
The due date for preventing the prospect of Borislav Sarafov taking the position of prosecutor general is drawing close, as is the deadline for..
Rain / Snow
Cloudy
Rain
Snow
Wet snow
Scattered showers
Cloudy