The Borissov cabinet approved the assumption of commitments which Bulgaria must fulfil after it joins the Banking Union and ERM II, the European exchange rate mechanism which precedes accession to the Eurozone.
According to the press service announcement the commitments are in the sphere of the non-banking financial sector, administration of state-owned enterprises, the bankruptcy framework and the fight against money laundering. Negotiations are forthcoming with the European partners, including the members of the Eurogroup and representatives of Denmark. This country is expected to enter the so-called Eurozone waiting room this month. The last step before that is the capitalization of First Investment Bank with the deal for the acquisition of shares by the Bulgarian Development Bank and private investors being completed by 3 July.
On Friday, the minimum temperatures in Bulgaria will be from 6 to 14°C, in Sofia - 7°C. During the day it will be sunny. A light to moderate wind will blow from the north-northwest. Daytime highs will be from 23 to 28°C, in the capital Sofia -..
The government of Prime Minister Rosen Zhelyazkov survived a fifth vote of no confidence, this time on the topic of "Internal Security and Justice." 133 MPs from GERB-SDS, DPS–New Beginning, BSP and There is Such a People (ITN) voted against. 101 Mps..
The National Guard Service (NSO) will no longer provide transportation for the presidential administration. This is provided for by the amendments to the Law on the National Security Service adopted at first reading with the votes of GERB-SDF, “DPS-New..
Regarding a video published on YouTube, the management of VMZ-Sopot - the largest state-owned military enterprise in Bulgaria, say that..
The vote on the fifth motion of no confidence against Prime Minister Rosen Zhelyazkov's government will take place on Thursday, September 18, at 4:45..
On Thursday, the lowest temperatures will be between 8 and 13°C; in Sofia – about 8°C. During the day, there will be variable..
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