Bulgaria and Croatia still need to work to fix their economies and improve their institutions before joining the Eurozone, the member of the European Central Bank’s Executive Board Fabio Panetta said on Monday, Reuters reports. The reforms undertaken by both countries will not address all imbalances and vulnerabilities they face. More progress is needed to improve governance, their legal framework and the overall quality of the institutions, Fabio Panetta says further. The two countries recently joined the ERM-2, known as the Eurozone waiting room and will be able to adopt the Euro in 2023 at the earliest.
On December 25, Santa Claus will be giving gifts to the animals at the Burgas Zoo. There will also be a festive tour of the zoo and a zoo quiz with gifts for the children, said the Municipality of Burgas. The event is part of the zoo's festive..
Long lines of trucks and cars have formed at the border with Turkiye, reported Nova TV. The line of trucks on the Maritsa motorway has reached Svilengrad and is over 12 kilometres long, which is due to the increased traffic before the holidays...
During the night, the cloud cover will increase from the west, but there will still be no precipitation. The weather will remain clear in the eastern parts of the country. The lowest temperatures will range from minus 3°C to 2°C, slightly higher in..
12 settlements in Smolyan district are without electricity after the heavy snowfall yesterday. Settlements in the municipalities of Smolyan, Devin and..
Representatives of 4 clubs of the Macedonian Patriotic Organization (MPO) in North America met at the Church of the Holy Spirit in Youngstown. The host..
This year, employers prefer to replace the 13th salary with Christmas events and bonuses. Less than 50% of companies in Bulgaria pay bonuses...
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