114 MPs from GERB-CDF, We Continue the Change - Democratic Bulgaria, DPS and 10 independents supported the government's bill on the introduction of the euro in Bulgaria in the first reading.
The bill stipulates that both currencies - the lev and the euro - will be used in the first month. For the first 6 months after the introduction, BGN banknotes and coins will be exchangeable for euro free of charge in banks and the Bulgarian Post Office.
MPs have 3 days to submit proposals between the two readings of the bill.
Parliament also backed a GERB draft resolution calling on the Finance Ministry, in coordination with the Bulgarian National Bank, to speed up preparations for the adoption of the single currency so that the government can request a convergence report from the European Central Bank for the country's entry into the euro area on July 1 2025.
Thank you for choosing to stay in Bulgaria. This was said by Bulgaria's Prime Minister Rosen Zhelyazkov at the ceremony officially announcing the new class of fellows under the EXPLORER program of the Institute for Computer Science, Artificial..
A new large fire has broken out in Rila Mountain , BTA reported, citing the police in the town of Kyustendil. The fire is located at an altitude of about 2,200 m in the area above the Iliina River, in the area where the Rila Monastery is located, but is..
Bulgaria will receive over 3.2 billion euros from the Security Action for Europe (SAFE) programme, the European Commission announced. The loan programme is worth 150 billion euros and aims to strengthen the EU's ability to make strategic investments in..
sunshine, cloud, rain and thunder
Mostly Cloudy
Partly cloudy, chance of rain
Overcast, rain
Partly Cloudy