European Commission Vice-President Valdis Dombrovskis stated in Riga that if Bulgaria handles its commitments without problem, then it will be given the green light for entering the European Exchange Rate Mechanism ERM II as early as the summer of this year.
He added that it will be at least another three years after that before the country can adopt the euro. The first two – for meeting the Maastricht criteria, and the third – for assessment of the results attained and for preparatory work. This means Bulgaria will be able to enter the Eurozone no earlier than 2022.
Over the next 24 hours, cloudy and foggy conditions are expected across much of the western Danube and Upper Thracian plains. Rain is likely in western Bulgaria and the Rila-Rhodope region, especially in the south-west. During the day, there may be..
Bulgaria’s Minister of Foreign Affairs Georg Georgiev took part in the regular Foreign Affairs Council, held in Brussels. The ministers discussed the EU’s commitments to Ukraine’s security and the continuation of comprehensive support for the country...
The first quaternary wastewater treatment plant in Bulgaria was opened today in the village of Benkovski, Maritsa Municipality. “Today we are launching a pilot project that marks the beginning of a new stage in water management in Bulgaria. A..
The European Bank for Reconstruction and Development (EBRD) will open a technology center in Bulgaria focused on emerging technologies such as Big Data..
Russia’s Lukoil said it reserves the right to pursue legal action to defend its rights and legitimate interests in Bulgaria after a special..
Violations were found in 27% of the inspected sections along the Black Sea coast , according to the control authorities of the Ministry of Environment..
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