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 real estate market in Bulgaria has been in the eurozone for a long time. Prices will not undergo significant changes after the introduction of the common currency. This was what financier Levon Hampartzoumian said at the 11th..
At the initiative of the Consul General of Bulgaria in Los Angeles Boyko Hristov, the month of November 2025 has been officially declared the "Month of Bulgarian-American Friendship" in Las Vegas and Clark County - one of the most..
The Russian Federation has not demonstrated readiness to achieve peace. The Black Sea is a border zone with war. It must have the absolute attention of the allies. We want a greater presence from them in the Black Sea. This was what..
North Macedonia has still not adopted the necessary constitutional amendments aimed at including Bulgarians and other non-majority communities in the..
It is theoretically possible that Bulgaria could apply for a third payment under the Recovery and Resilience Plan by the end of 2025,..
On Tuesday , the lowest temperatures will be between 8 and 13°C; in Sofia - about 8°C. During the day, it will remain cloudy. There..
Overcast, rain
Rain