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.
In the government negotiations, a red line for "We Continue the Change" (PP) will be the figure of the Prime Minister. The formation continues to insist on having a prime minister equally distant from all parties. The party's co-chairman Kiril Petkov..
"BSP - United Left" and "Vazrazhdane" opposed the notification submitted by caretaker Premier Dimitar Glavchev regarding the upcoming signing of an Agreement on Security Cooperation between Bulgaria and Ukraine for the next 10 years. BSP MP..
There are chances for the formation of a regular government. Speaking to journalists, GERB leader Boyko Borissov said that the negotiations are going well so far. "The more we keep silent, the better", Boyko Borissov noted and expressed optimism..
Hungarian Prime Minister Viktor Orbán will visit Bulgaria this Friday 20 December, according to BGNES and a number of other Bulgarian media. The..
At its meeting today, the Bulgarian government adopted a Decision to temporarily introduce border control on the internal Bulgarian-Romanian border , as..
On Wednesday , the lowest temperatures in Bulgaria will be between 0 and 5°C; in Sofia - about 0°C. Sunny weather will prevail during..
Mostly Cloudy
Partly Cloudy