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.
Any action that creates conditions for stigmatisation of a group of people, persecution, division and hatred in society is contrary to all the leading international human rights standards that the Republic of Bulgaria, as a country governed by the rule of..
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 rating agency has identified 46,000 companies in the EU owned by Russian companies or individuals...
Burgas is hosting a glamorous gala, bringing together dozens of martial arts champions. On Saturday, 24 August, the prestigious MMA organization is holding a BRAVE 86 competition with some of the most prominent world names in MMA taking part...
Any action that creates conditions for stigmatisation of a group of people, persecution, division and hatred in society is contrary to all the leading..
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..
Sunday will be mostly sunny. In the afternoon, clouds will develop over eastern Bulgaria, but there will only be isolated showers and thunderstorms...
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