The Bulgarian government approved a new draft law on the Bulgarian National Bank (BNB). It aims at securing the legal integration of BNB into the Eurosystem upon the introduction of the euro in the country. A legal framework consistent with the Statute of the European System of Central Banks and of the European Central Bank is established.
The draft law settles the status of the euro as a currency and determines the design of the national side of euro coins, the issue, withdrawal, exchange and reproduction of euro banknotes and coins. It also aims to broaden investment opportunities by adding instruments that provide an opportunity for higher yields at slightly higher credit risk.
The Bulgarian Industrial Capital Association and the Bulgarian Association of Dairy Processors have raised concerns that the prices of basic food products in Bulgaria are higher than in Austria and Germany, where the standard of living is..
The emergency renovation of Graf Ignatievo Airport will cost just over EUR 110 million excluding VAT. The repair contracts have been awarded to four companies, which the Ministry of Defense announced publicly, with their selection being an exception..
In a press release, Bulgaria’s Ministry of Foreign Affairs strongly condemned the recent statements by the Prime Minister of the Republic of North Macedonia Hristijan Mickoski regarding the Bulgarian minority in the country and its inclusion in the..
The Commission on Protection of Competition has requested information from producers and retailers of fast-moving consumer goods to determine the..
Kiril Petkov, co-chairman of We Continue the Change (PP), is to be tried over the arrest of GERB leader Boyko Borissov on March 17 2022 . Prosecutors..
On Saturday it will be mostly cloudy with occasional sunny spells in the Upper Thracian Lowlands. In eastern Bulgaria there will be light to moderate..
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