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.
The Supreme Administrative Court has overturned as unlawful the Central Election Commission's refusal to register the Movement for Rights and Freedoms - New Beginning coalition (one of the two factions of the DPS) for the 27 October parliamentary..
The Commission for Consumer Protection has ordered the immediate withdrawal from the market of two products known as energy sniff, which are inhaled through the nose and are an alternative to energy drinks. The products have been identified as a serious..
With the votes of GERB, We Continue the Change (PP-DB) and the Movement for Rights and Freedoms (DPS), Parliament decided to extend by 180 days the negotiations between the Bulgarian Energy Minister and his Ukrainian counterpart on the sale to Ukraine of..
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..
Overcast, rain
Mostly Cloudy
Partly cloudy, chance of rain
Cloudy