The Eurogroup encourages Bulgaria to adopt the euro, according to a letter by its President Paschal Donohoe to European Council President Antonio Costa. The letter comes in connection with the upcoming meeting of the European leaders in Brussels on 20 March which will focus on the economy and competitiveness of the EU.
“The Euro remains a stable anchor in uncertain times,” the letter reads. “We monitor the plans of the non-euro area Member states related to euro introduction. In this context, Bulgaria is progressing on its plan to introduce the euro in 2026. (…) We support Bulgaria’s efforts to adopt the euro, based on the agreed criteria which will be evaluated by the institutions this spring. We commend Bulgaria's commitment and encourage further steps to ensure sustainable convergence,” the letter reads.
The mission of middle powers is to play an increasingly important role in global affairs and to help shape a new multilateralism based on collective action to address global challenges. This was the key message of Foreign Minister Georg Georgiev at the..
EUR 87 million under the operational programme Transport Connectivity, earmarked for the Russe-Veliko Tarnovo motorway is being redirected to the Europe motorway, connecting Sofia with the border with Serbia. Almost EUR 500 million for the..
The Culture Committee of the Bulgarian National Assembly failed to approve, at first reading, a bill on amendments to the Public Libraries Act to rename the National Library Sts. Cyril and Methodius to People’s Library. 2 MPs voted “for”, 4 voted..
A fifth boycott of large retail chains has been announced for today. The organizers also called on citizens to refrain from using banking..
Bulgaria's Constitutional Court has declared the election of 16 MPs in the current Bulgarian Parliament illegal . The decision was published on the..
Bulgaria has made a commitment to join the common European currency since the signing of the EU Accession Treaty. This was reminded by President Rumen..
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