The low incomes cannot stop Bulgaria join the ERM-2 mechanism (also known as the Eurozone’s waiting room) and later the Eurozone, Valdis Dombrovskis, the European Commission Vise-President for the Euro and Social Dialogue, also in Charge of Financial Stability, Financial Services and Capital Markets Union told the Bulgarian National Radio. The accession to the ERM-2 and the Eurozone mainly depends on the European Central Bank and the ERM-2 member countries, Commissioner Dombrovskis added. Bulgaria may enter the ERM-2 mechanism within 12 months, Valdis Dombrovskis went on to say.
Bulgarian intermediaries have been identified as some of the links in an investigation into an international scheme for laundering Russian money. BGNES cites data from Intelligence Online according to which two Bulgarian brokerage companies..
From today until December 21, Sofia’s City Garden is hosting the traditional German Christmas Market. The 15th edition of the market features food stalls, fragrant mulled wine, and cultural events, including concerts by young performers and..
Illegal recruitment agencies in Uzbekistan are sending workers to Bulgaria with promises of salaries of 5,000 leva (€2,560) . The reality often discourages them from staying, leaving employers at a loss. Officials, employer organisations and businesses..
Bulgaria’s GDP is expected to grow 3% this year, the European Commission said in its Autumn Economic Forecast, as reported by BTA. The projection marks..
On Tuesday, overnight lows will range from 7°C to 12°C, rising to 12–16°C in eastern Bulgaria and around 9°C in Sofia. It will be a cloudy day with rain,..
The European Commission has approved 70 projects across the EU , worth more than €600 million , to support alternative fuels and reduce vehicle..
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