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.
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 the Global Peace Index (GPI) in the ranking of the NGO World Population Review . The..
Sofia is hosting the biggest motor show in Europe this year, Alexander Kostadinov, Chairman of the Board of the Association of Car Manufacturers told the Bulgarian news agency BTA. The Sofia Motor Show 2024 will demonstrate the latest generation of..
State-owed natural gas supplier Bulgargaz has hired a legal councillor to defend the interests of the Bulgarian gas company in connection with the contract for natural gas storage and supply with the Turkish-owned company BOTAŞ. Bulgargaz..
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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