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.
2025 marks the fifteenth anniversary of the discovery of the relics of St. John the Baptist during excavations on an island near Sozopol by a team led by archaeologist Professor Dr. Kazimir Popkonstantinov. The authenticity of the discovery has been..
On Friday morning, there will be fog in the lowlands and valleys. The cloud cover will start to increase from the west. The lowest temperatures will be between minus 2°C and 3°C, around minus 1°C in Sofia. During the day, there will be temporary..
Captain Lyubomir Chanev and chief mate Danail Veselinov returned to Bulgaria. They were held captive by Yemen's Houthis for 430 days. The Galaxy Leader ship with the two Bulgarians on board, was hijacked in the Red Sea on November 19, 2023, shortly..
"I categorically want to put an end to all insinuations that Bulgaria is abandoning its goal of joining the Eurozone within the next year", said..
In a statement on behalf of "We Continue the Change – Democratic Bulgaria", MP Martin Dimitrov stated that the ''first action of the new government is..
61% of Bulgarians come across fake news every day, a survey by the Myara agency conducted by January 17 shows. 17.5% encounter fake news..
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