Bulgaria's Finance Minister Vladislav Goranov has confirmed that Bulgaria is continuing its plan to enter the ERM-2 exchange rate mechanism. One of the commercial banks in the country still need to comply with the European Central Bank's recommendations for additional capital buffers. In doing so, Bulgaria will meet the requirements for applying to join the European Banking Union and ERM-2. According to Prime Minister Boyko Borissov, this is the only right course for a guaranteed way out of the crisis, "because anyone in the banking union, in the ERM-2 or in the Eurozone can use trillions of euros to recover. Who is not a member, is left to cope alone."
Over the next 24 hours the weather will continue cloudy, with rain mostly in the Southwestern half of the country and sleet in high plains. The precipitation over Mounts Rila and the Rhodopes will be considerable. There will be a moderate, in..
The Bulgarian Food Bank’s Kilogram of Kindness food drive, is collecting food for the needy for the 12th consecutive time. Four to seven tons of food with a longer shelf lifeis expected to be collected – such as rice, lentils,..
A Eurobarometer survey has registered the highest level of trust in the European Union since 2007 and the highest level of support ever for the common currency, the euro, both in the EU as a whole (74%) and in the euro area (81%). In Bulgaria,..
The average gross annual salary in Bulgaria in 2023 is 24,485 BGN (EUR 12,519) which is an increase of 15.3% compared to 2022, according to data from..
The due date for preventing the prospect of Borislav Sarafov taking the position of prosecutor general is drawing close, as is the deadline for..
During the night it will be cloudy with rainfalls in the western and central regions of Bulgaria, as snowfalls are possible in the..
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