The Borissov cabinet approved the assumption of commitments which Bulgaria must fulfil after it joins the Banking Union and ERM II, the European exchange rate mechanism which precedes accession to the Eurozone.
According to the press service announcement the commitments are in the sphere of the non-banking financial sector, administration of state-owned enterprises, the bankruptcy framework and the fight against money laundering. Negotiations are forthcoming with the European partners, including the members of the Eurogroup and representatives of Denmark. This country is expected to enter the so-called Eurozone waiting room this month. The last step before that is the capitalization of First Investment Bank with the deal for the acquisition of shares by the Bulgarian Development Bank and private investors being completed by 3 July.
Military Minister Atanas Zapryanov has confirmed to journalists that he would accept to remain in the next caretaker cabinet if offered the post. "The main long-term priority in the next caretaker mandate will be personnel. We will develop a..
Dimitar Glavchev has a second chance to present a cabinet that will ensure the holding of fair and transparent elections , so that we can have a new government in a few months, Vice President Iliana Iotova told journalists. Ms Iotova attended the..
MEP Ilhan Kyuchyuk has sent written questions to the European Commission regarding reports of large-scale biased inspections by the General Directorate for Combating Organised Crime, the Anti-Corruption Commission, the National Revenue Agency and other..
Any action that creates conditions for stigmatisation of a group of people, persecution, division and hatred in society is contrary to all the leading..
Bulgaria ranks second in the European Union in the number of companies with more than 40% Russian ownership, according to a survey by Moody's. The..
The Bulgarian Pavilion at this year's Venice Biennale is a great success among international journalists and visitors. "It is a great recognition for us to..
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