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 Sofia Municipal Council has approved the city's budget for 2025 with 41 votes in favour, four against and ten abstentions . The document's economic framework provides for a retroactive increase in public transport salaries of 300 leva (€153) with..
At a Sofia City Council (SCC) briefing, municipal officials who recently left the We Continue the Change (PP) party declared they would not be complicit in covering up the truth. The mayors of the capital’s Lyulin and Mladost districts, Georgi..
The leader of Vazrazhdane party, Kostadin Kostadinov, said in parliament that the state budget was in the red and the expected profits from the Schengen membership were gone. According to Kostadinov, the additional revenues should..
A large fire stretching about 10 kilometers is burning east of the town of Karnobat, Burgas district, reported the mayor of Karnobat Municipality..
Prime Minister Rosen Zhelyazkov led the Bulgarian delegation at the recently concluded NATO Summit in The Hague. Speaking to journalists, he stated that..
A vibrant and free-entry event will mark the beginning of the summer mountain tourist season in the Rhorope town of Chepelare. Starting on June 27 at 6:00..
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