Bulgarian National Bank (BNB) Governor Dimitar Radev warned that the dynamics of the political processes in Bulgaria will determine whether Bulgaria will join the euro zone in January 2024. The adoption of 100 legislative texts is needed, including a law on the adoption of the euro.
"The whole process of joining the eurozone is very much a function of the political process. We have had a major change in this process since yesterday. So it is very important how this process will develop from now on. This could speed up or slow down the introduction of the euro in Bulgaria," said Dimitar Radev.
Because of the political events of last year the process was significantly delayed and now we have 18 months to complete it, he added during a joint meeting of the parliamentary committees on budget and finance and on European affairs. Both committees are discussing a draft law for approval of the national plan for the introduction of the euro.
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..
+359 2 9336 661