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.
It will be sunny and hot on Tuesday. There will be light to moderate northerly wind. The lowest temperatures will range from 17°C to 22°C, for Sofia 17°C. Maximum temperatures will range from 34°C to 39°C, for Sofia - around 33°C. It will be..
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 on 15 June for planned preventive maintenance of the functioning of a non-nuclear transformer and a..
People in Bulgaria are well aware of the causes and the consequences of climate change, but are uninformed as to the ways to tackle it, indicate data from the latest 6 th climate survey by the European Investment Bank. The survey was..
The National Museum of Literature celebrates 174 years since the birth of Ivan Vazov. The celebration also marks the round anniversary of the first..
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..
Wednesday will be hot and sunny. There will be clouds in the afternoon, but rain will only fall in parts of Eastern Bulgaria and in the mountains...
Partly Cloudy
Clear
Partly cloudy, chance of rain