A man and a woman have been detained on charges of manufacturing counterfeit euros and dollar bills and ID documents. The two worked at a university in Sofia, where the man worked as a printer on an employment contract. Authorities declined to specify..
A national plan for the introduction of the euro in Bulgaria should be drawn up by 30 June, 2021, and the indicative date for membership of the currency union is 1 January, 2024. This is made clear by a draft decree by the Council of..
The international rating agency Fitch has confirmed Bulgaria's long-term credit rating in foreign and local currency "BBB" with a stable outlook , the press center of Bulgaria's Ministry of Finance announces. The rating is supported by the..
At the backdrop of protests against and in support of the government, somehow the important topic of Bulgaria's accession to the ERM II mechanism and the banking union as a step towards its future entry into the eurozone remained in the..
Bulgaria and Croatia have joined the ERM II exchange rate mechanism and the Banking Union, and in the next 3 years the two countries will prepare for the adoption of the single European currency , the European Central Bank has announced. Thus, the euro..
The European Commission has presented a report on the progress of non-Eurozone countries towards the adoption of the euro. EC Vice President Valdis Dombrovskis said there was encouraging progress in some countries . He congratulated Croatia and Bulgaria..
Dnevnik online newspaper carries an analysis by the Institute for Market Economics, according to which the exchange rate mechanism is, above all a political act, and is, therefore, thoroughly unpredictable at this time. Over public..
At the annual meeting of business with the government in Bulgaria EC Vice-President Valdis Dombrovskis presented positive results of euro area membership to Bulgarian. Dombrovskis has pointed out that cooperation with Bulgarian authorities was very..
Adopting the euro in Bulgaria will discipline the banking system and will bring down interest rates , said Prime Minister Boyko Borissov at the 13 th annual meeting between businesses and the government, dedicated to Bulgaria’s entry into the..
At the beginning of 2019, a report on the progress of Bulgaria on the road to the euro-zone waiting room - the ERM II Currency Mechanism, will be prepared. This was said by EC Vice president Valdis Dombrovskis in Brussels, where the 20th anniversary of..
