Bulgaria could join the ERM II exchange rate mechanism in the first or second quarter of 2020. This was stated by the head of the European Banking Restructuring Council, Elke König. After Bulgaria’s accession to the so-called Eurozone waiting room, Bulgarian banks would start contributing to the European Restructuring Fund, which is part of the council, led by König, as it would have to approve the restructuring plans of Bulgarian banks. This procedure is mandatory and provides a buffer in the event of negative developments.
Sunday will be mostly sunny. There will be a temporary increase in clouds in the south-eastern areas. Minimum temperatures will be between minus 2°C and 3°C, with some frost in the plains and valleys, while maximum temperatures will be between 14°C and..
Nine people aged between 35 and 48 have been arrested in special police operations by the Directorate General for Combating Organised Crime against sexual exploitation of children. Two of those arrested had used false identities to contact young..
Construction of the National Children's Hospital will begin in June next year , interim Prime Minister Dimitar Glavchev said at a briefing. The hospital will have 26 wards and about 400 beds . It will provide complex care for young patients. "The..
Bulgaria is the 21 st safest country out of 38 countries in Europe, ranking between Poland and Spain. This country gets 1.643 points measured by..
State-owed natural gas supplier Bulgargaz has hired a legal councillor to defend the interests of the Bulgarian gas company in connection with the..
A letter of intent covering military activities between Turkiye, Romania and Bulgaria was signed in Brussels by the defence ministers of the three..
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