If the Bulgarian banks pass successfully the stress tests and the asset quality review, this country will be able to apply for the ERM2 mechanism in the beginning of July this year. The average stay in the Eurozone waiting room is two years and then the applicant countries usually need another year to prepare for the introduction of the European single currency. Bulgaria can adopt the Euro no earlier than January 1, 2022, this country’s Minister of Finance Vladislav Goranov announced. Minister Goranov attended a discussion in Sofia themed Bulgaria’s Path to the Eurozone. Valdis Dombrovskis, Vice President of the EC in charge of Euro, Social Dialogue, Financial Stability, Financial Services and Capital Markets Union and MEP Eva Maydell also took part at the forum.
A yellow code for strong wind has been issued for 18 regions of Bulgaria on Tuesday . The minimum temperatures will be 4 to 9°C, around 4°C in Sofia. It will be sunny over most of the country before noon. Cloudiness will increase in the..
In an interview with BBC, Foreign Minister Georg Georgiev says that Sofia welcomes the commitment of President Trump's administration to stop the war of aggression against Ukraine in order to achieve a lasting and sustainable peace. "What is important,..
“Botev Plovdiv” football club is organizing a charity ball today, at which it will celebrate the 113th anniversary of the founding of the professional football club. The funds raised will support two campaigns – for the construction of a monument to..
Citizens who cross at a pedestrian crossing while holding a mobile phone will be fined, according to proposed legislative changes. According to..
An official ceremony and a March of Tolerance named ''We Remember'' took place in Sofia to mark the 82nd anniversary of the rescue of Bulgarian..
It will be sunny on Monday. There will be light to moderate southerly and southwesterly wind and temperatures will continue to go up. The lowest..
Partly cloudy, chance of rain
Mostly Cloudy
Cloudy