Bulgaria could join the ERM II exchange rate mechanism in the first or second quarter of 2020. This was stated by the head of the European Banking Restructuring Council, Elke König. After Bulgaria’s accession to the so-called Eurozone waiting room, Bulgarian banks would start contributing to the European Restructuring Fund, which is part of the council, led by König, as it would have to approve the restructuring plans of Bulgarian banks. This procedure is mandatory and provides a buffer in the event of negative developments.
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..
As part of an investigation led by the European Public Prosecutor's Office (EPPO) in Sofia, the police carried out several searches and..
On Saturday , the lowest temperatures will be between 9 and 14°C; in Sofia - it will be around 9°C. In the morning there will be fog..
Nikolai Popov - the father of 12-year-old Siyana, who lost her life in a heavy road accident, handed over to the Chairperson of the Supreme Court of..
Partly cloudy, chance of rain
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