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.
On Friday, the lowest temperatures will range from 15°C to 22°C, 16°C in Sofia. During the day, the cloud cover will often be significant. Cumulonimbus clouds will develop around and after noon. There will be brief showers in many areas. Intense and..
Joining the eurozone will provide Bulgaria with stability as part of the common currency area, said Christine Lagarde, President of the European Central Bank (ECB), in a press conference following an ECB interest-rate meeting, according to BTA. She..
Anna-Maria Halacheva, a doctoral student at the Institute of Computer Science, Artificial Intelligence and Technologies (INSAIT) at Sofia University "St. Kliment Ohridski", has been recognised by the European Commission as a successful young European...
sunshine, cloud, rain and thunder
Mostly Cloudy
Partly cloudy, chance of rain
Overcast, rain
Partly Cloudy