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.
A fire broke out in the Varna office of a party which was represented in the last National Assembly and which is contesting the forthcoming elections on 27 October. The premises, located in a building in the centre of the city, were completely burnt..
Right before the two military pilots training for an air show crashed their plane in the critical seven seconds of the flight there was no communication between the tower and the plane . This is shown by the recordings of the conversations between the..
According to a survey by Gallup International Balkan, one tenth of respondents admit that they would accept to vote in exchange for money, other incentives or coercion, 78 per cent deny it and 12 per cent say they cannot decide. This means that more..
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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