The Bulgarian government approved a new draft law on the Bulgarian National Bank (BNB). It aims at securing the legal integration of BNB into the Eurosystem upon the introduction of the euro in the country. A legal framework consistent with the Statute of the European System of Central Banks and of the European Central Bank is established.
The draft law settles the status of the euro as a currency and determines the design of the national side of euro coins, the issue, withdrawal, exchange and reproduction of euro banknotes and coins. It also aims to broaden investment opportunities by adding instruments that provide an opportunity for higher yields at slightly higher credit risk.
At three consecutive sittings today, the Council for Electronic Media (CEM) failed to elect a director general of Bulgaria’s public service TV BNT. None of the 8 applicants earned the minimum of 3 votes in favour out of the 5 members of the..
Toll system cameras are now synchronized with the Interior Ministry system. This means that drivers driving in the emergency lane will be monitored and penalized, said Interior Minister Daniel Mitov . “All drivers should know that after the..
Monthly inflation stands at 0.4%, and annual inflation at 4.4%, the National Statistical Institute has announced. In May, the annual inflation stood at 3.7%, the highest since December 2023. The acceleration of the annual inflation rate in..
Starting this autumn, the Ministry of Labor and Social Policy will launch a program aimed at attracting Bulgarians from abroad. More than EUR 33..
“Entering the Eurozone does not present any risk to Bulgaria. Adopting the Euro can only serve as a powerful accelerator for our economic growth,”..
The Sofia Regional Prosecutor’s Office has indicted 6 individuals for hooliganism in front of the European Commission and European..
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