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.
With the votes of GERB-SDS, PP-DB and MRF, the National Assembly rejected the proposal of BSP for Bulgaria that part of the equipment for Belene NPP be used to replace the 3rd steam generator of the 6th unit of Kozloduy NPP, which is constantly failing...
The caretaker government has allowed the Bulgarian military to train Ukrainian soldiers on the territory of NATO member states. The reasoning states that with this decision Bulgaria expresses its support forUkraine, upholds Euro-Atlantic values and..
After more than three hours of heated debate, the Bulgarian Parliament has banned propaganda, promotion or incitement, directly or indirectly, of ideas or views related to non-traditional sexual orientation and/or the definition of gender identity other..
The caretaker government has allowed the Bulgarian military to train Ukrainian soldiers on the territory of NATO member states. The reasoning states that..
Consumer confidence rose by 5.6 points in July, according to a survey by the National Institute of Statistics. According to consumers, the general..
Without discussion and debates, the parliament adopted conclusively the Law on the Introduction of the Euro in Bulgaria. 167 MP from GERB-SDS, the..
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