Bulgaria and Croatia have joined the ERM II exchange rate mechanism and the Banking Union, and in the next 3 years the two countries will prepare for the adoption of the single European currency, the European Central Bank has announced. Thus, the euro area may expand with new members for the first time since 2015, when Lithuania became its 19th member.
"This is a historic act that will be of great importance for the future of Bulgaria", said Bulgarian National Bank Governor Dimitar Radev at a briefing on Bulgaria's accession to ERM II. Finance Minister Vladislav Goranov added that this was equally important to Bulgarias membership in NATO and the EU, and the next logical step would be Bulgaria's accession to the euro zone.
On Saturday, northwesterly winds will bring cooler temperatures across the country. Cloudiness will be variable to significant, with showers and thunderstorms in the mountains and east. Lows will be between 12° and 20°C, 12° in Sofia. Highs will be..
Bulgarian Minister of Culture Nayden Todorov has met in Sofia with his counterpart from the Republic of North Macedonia, Zoran Ljutkov, the Ministry of Culture reported. The two ministers assessed highly the cooperation between the two countries in..
The new school year will begin on September 16 at the "Yordan Yovkov" Secondary School in the city of Kardzhali with a special dress code. Motifs of Bulgarian embroidery will be mandatory for the clothing of all teachers and students in the school..
Defence Minister Atanas Zapryanov has cancelled the air show at the Graf Ignatievo Air Base after an L-39 ZA military transport plane crashed, the..
The Supreme Administrative Court rejected the appeal of the coalition around Ahmed Dogan - "Democracy, Rights and Freedoms - DPS"..
At a Bulgarian-Chinese business forum in Sofia, President Rumen Radev pointed out the advantages of the business environment in..
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