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.
The former leader of the Bulgarian Socialist Party (BSP) and member of the 50th National Assembly, Korneliya Ninova, has described the situation in the country as a collapse of the state. According to Ninova, the inability to form a cabinet is a sign..
The Movement for Rights and Freedoms (DPS) will first circulate a letter to other parliamentary groups asking whether they are open to supporting a second mandate to form a government. After convening representatives of some of the party's regional..
The National Council of the "We Continue the Change" (PP) has approved a policy of consolidation and strengthening of the coalition with "Democratic Bulgaria". A party statement distributed to the media said that at today's meeting, the PP discussed the..
Reactor No. 6 of the Kozloduy Nuclear Power Plant was reconnected to the national electricity system at 9 AM on 8 July. The reactor was disconnected..
The Movement for Rights and Freedoms (DPS) will first circulate a letter to other parliamentary groups asking whether they are open to supporting a second..
The National Museum of Literature celebrates 174 years since the birth of Ivan Vazov. The celebration also marks the round anniversary of the first..
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