A report of the European Central Bank, published on Tuesday, reads that none out of seven countries that want to join the euro area, including Bulgaria, actually meets all the criteria for joining the single currency community. The authors point out that in general the economies of Bulgaria, the Czech Republic, Croatia, Hungary, Poland, Romania and Sweden are on sound footing, but their national laws are not in accordance with the standards of the ECB. The report shows that it would take time before the euro zone, which currently includes 19 members, expands.
Bulgaria’s Vertical Gas Corridor project is on track for completion by the end of 2026 , according to Energy Minister Zhecho Stankov, who stressed that it would help the country maintain its strategic position in South East Europe. Accompanied by..
Bulgaria’s coalition parties have agreed to introduce a rotating chairmanship of the National Assembly. At today’s joint governance council meeting, members also discussed next year’s draft budget. Kostadin Angelov, Deputy Chairman of..
Google has donated an additional $1 million to the Institute for Artificial Intelligence and Computer Technologies (INSAIT) at Sofia University , bringing its total investment in the institute to over $6 million. According to the institute’s website,..
By mid-2026, Bulgaria should be removed from the Financial Action Task Force (FATF) “grey list” of countries with deficiencies in its anti-money..
Frol and Frosia are the newest residents of the Bear Sanctuary Belitsa, according to the Four Paws Foundation, which runs the bear sanctuary in..
An earthquake with a 6.1 magnitude on the Richter scale hit Western Turkey at 22.48 hours last night. There were over 40 aftershocks after the..
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