Bulgaria may adopt the Euro until 2023, a report of Fitch Ratings reads. The document reminds that the procedure started in 2018 and by the end of 2019, it will become clear when Bulgaria will join the ERM2 mechanism, also known as the Eurozone’s..
Bulgaria’s Premier Boyko Borissov forecasted that Bulgaria would enter ERM2, also known as the Eurozone’s waiting room, in July this year. Huge investments are expected to be made in Bulgaria. Unemployment and contraband levels will fall below 5% and..
If the Bulgarian banks pass successfully the stress tests and the asset quality review, this country will be able to apply for the ERM2 mechanism in the beginning of July this year. The average stay in the Eurozone waiting room is two years and then..
A joint team of Bulgaria’s General Directorate Countering Organized Crime (GDBOP), the brigade for combating bank frauds at the National Bank of Spain and prosecutors from the Bulgarian Specialized Prosecutor's Office have neutralized an international..
Bulgaria’s law enforcement authorities busted a crime group making fake Euros. Over 3 million fake Euro banknotes were seized during the operation of the Chief Directorate Combating Organized Crime. The printing house was in Bulgaria’s city of Plovdiv..
For the programming period 2007-2013, the managing authorities of EU operational programs for Bulgaria have revealed violations that equal approximately 230 million euros and the money has been redirected to other support measures. This is what the..
It seems Bulgaria is among the best placed candidates for introducing the euro. The country is obliged to do so under its agreement for membership in the European Union. On the other hand, the Bulgarian currency is currently pegged to the euro and in..
