The draft act on the euro is in the final stage of preparation, Governor of the Bulgarian National Bank, Dimitar Radev, told BTA on the sidelines of the Annual Meeting of the World Bank and the International Monetary Fund in the Moroccan city of Marrakech.
In order for the law to be adopted, however, Bulgaria must first receive confirmation for its entry into the Eurozone from January 1, 2025, Finance Minister Assen Vassilev, who also participated in the meeting, pointed out.
"The law is purely technical – it reads that in all laws the currency is changed from lev to euro. This was also done in Croatia,” Vassilev also said. The minister is optimistic that this country will become part of the Eurozone on January 1, 2025.
Bulgaria has given up the fight for reforms and investments under the Recovery and Resilience Plan (RRP), former caretaker deputy prime minister for EU funds Atanas Pekanov told BNR. He said that Nikolai Denkov's government had made a serious mistake by..
The new Bulgarian Patriarch, Daniil, has spoken out in favour of reconciliation within the Orthodox churches. "There is a broken communion between some Orthodox churches, which we should try to overcome," he said in response to a question from the..
The first youth cycling festival "Sofia Bicycle Show", organized by "Sofia - World Capital of Sports" will take place today in the renovated Zapaden Park in the capital city. Children will compete on a completely safe and..
Reactor No. 6 of the Kozloduy Nuclear Power Plant was reconnected to the national electricity system at 9 AM on 8 July. The reactor was disconnected..
The Ministry of Education and Science will discuss a vision for change in the education system with MPs representing various parliamentary factions,..
The Movement for Rights and Freedoms (DPS) will first circulate a letter to other parliamentary groups asking whether they are open to supporting a second..
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