We welcome the progress achieved by Bulgaria on its way towards adopting the euro and encourage the continued efforts towards meeting all the convergence criteria, reads a statement issued after the two-day Euro Summit in Brussels.
In June, Bulgaria is expecting a compliance assessment of whether the country meets the criteria for the adoption of the euro. The country will likely ask for an additional evaluation in the autumn, because that is when it is expected to meet the last of the criteria – the inflation rate, outgoing Minister of Finance Assen Vassilev said.
In the first four months of the year, export of goods from Bulgaria to the European Union decreased by 4.2% compared to the same period last year and amounted to 8.6 million euros, BGNES reports, quoting data from the National..
An operation by the General Directorate Combating Organized Crime and the Supreme Cassation Prosecutor's Office has uncovered the largest illegal cigarette factory to date, Radio Stara Zagora of the Bulgarian National Radio has..
Albania is extremely committed to security and peace in the region, said the Speaker of the Albanian Parliament, Elisa Spiropali, who is on an official visit to Sofia. After a meeting with her Bulgarian counterpart Natalia Kiselova,..
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