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 the applicant countries usually need another year to prepare for the introduction of the European single currency. Bulgaria can adopt the Euro no earlier than January 1, 2022, this country’s Minister of Finance Vladislav Goranov announced. Minister Goranov attended a discussion in Sofia themed Bulgaria’s Path to the Eurozone. Valdis Dombrovskis, Vice President of the EC in charge of Euro, Social Dialogue, Financial Stability, Financial Services and Capital Markets Union and MEP Eva Maydell also took part at the forum.
The Russian oil company Lukoil has announced that it has accepted an offer from the Swiss Gunvor Group to acquire the international assets of LUKOIL International GmbH . Lukoil's subsidiary owns all of the group's assets abroad. Lukoil has..
MPs elected GERB's Kostadin Angelov as deputy speaker of parliament. 132 MPs voted "for", 53 voted "against" and 11 abstained. Angelov replaces GERB's Raya Nazaryan, who was elected speaker of parliament after previous parliamentary speaker Natalia..
Public enterprises are planning to introduce a corruption risk management system . They will have an integrity officer, amendments to the Public Enterprises Act adopted at first reading provide for. The amendments submitted by GERB-SDS were approved..
The Russian oil company Lukoil has announced that it has accepted an offer from the Swiss Gunvor Group to acquire the international assets of LUKOIL..
The ruling parties GERB-SDS, BSP-United Left and ITN signed an annex to their coalition agreement, specifying the rules for the rotation of the Speaker..
The National Assembly has rejected President Rumen Radev's veto on changes to the State Intelligence Agency Act (SIA) and the State Agency Technical..
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