A national plan for the introduction of the euro in Bulgaria should be drawn up by 30 June, 2021, and the indicative date for membership of the currency union is 1 January, 2024.
This is made clear by a draft decree by the Council of Ministers for the formation of a Coordination Council to prepare Bulgaria for membership of the Eurozone, posted on the Ministry of Finance’s website. The Coordination Council is to be headed by the minister of finance. The plan is to indicate how long the Lev and the Euro will be in use concurrently, fix a deadline for the exchange of Levs to Euros and other essential details, the website investor.bg writes.
"Assuming that there will be a constitutional crisis seems quite frivolous to me". This was what PP-DB candidate for Prime Minister Nikolai Denkov said on his way out of the presidency, after returning the unfulfilled second mandate for forming a..
According to far-right party "Vazrazhdane", an attempt is being made to manipulate macroeconomic data so that Bulgaria can be accepted into the Eurozone without having fulfilled the deficit and inflation criteria. "This is a repetition of the Greek..
The government has designated three Bulgarian carriers to operate international flights between Bulgaria and China. Compass Cargo Airlines will operate scheduled cargo flights on the Sofia-Shanghai-Sofia, Sofia-Jengzhou-Sofia and..
The government has designated three Bulgarian carriers to operate international flights between Bulgaria and China. Compass Cargo Airlines will..
The NSI data on inflation in the country are not and cannot be manipulated, as the National Statistical Institute is is subject to monthly inspection by..
On Thursday, minimum temperatures in Bulgaria will be between 7 and 12°C, 8°C in Sofia. Around midday, there will be variable cloudiness with sunny..
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