The Eurozone countries are ready to support Croatia and Bulgaria to enter ERM-2, also known as the Eurozone’s waiting room, an early stage on the path to membership of the euro currency, Reuters informs citing high-ranking sources in the EU. The decision was officially approved by the Eurozone’s Finance Ministers and the Ministers of Finance of the EU. A video conference meeting of ECOFIN will be held on Friday and Saturday. The news will be prpbably announced after the closure of the markets or during the weekend to avoid speculations. Two years after the countries join ERM-2, they will begin practical preparation for accession to the Eurozone. They will adopt the Euro at the earliest in 2023, Reuters notes.
Full EU membership is neither the end of the story nor a solution to all problems. Realism and accurate self-assessment must guide important decisions, said MP Toma Bikov on behalf of the GERB-SDS parliamentary group after Bulgaria's accession to the..
An online currency converter is now available on the official website for the introduction of the euro in Bulgaria: evroto.bg. Following the official announcement of the exchange rate of 1.95583 leva to one euro, the calculator has been made easily..
The EU's Economic and Financial Affairs Council (ECOFIN) has allowed Bulgaria and 14 other EU countries to exceed their budget limits in order to boost defence spending . This will enable the countries to take on additional debt for defence purposes...
Sofia will now have night public transport connecting the centre with Vasil Levski Airport , according to the press centre of the Sofia Municipality...
A global leader in the production of robotic and minimally invasive surgical equipment has officially opened a new manufacturing facility in Parvomay ,..
An operation by the General Directorate Combating Organized Crime and the Supreme Cassation Prosecutor's Office has uncovered the..
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