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.
The leader of the ''Alternative for Bulgarian Revival'' party Rumen Petkov, MP Galin Durev from the coalition ‘'BSP – United Left’' and Iliyan Sarandaliev paid a visit to Moscow. They held meetings with Nikolay Shulginov, Chairman of the State Duma..
Bulgarian intermediaries have been identified as some of the links in an investigation into an international scheme for laundering Russian money. BGNES cites data from Intelligence Online according to which two Bulgarian brokerage companies..
From today until December 21, Sofia’s City Garden is hosting the traditional German Christmas Market. The 15th edition of the market features food stalls, fragrant mulled wine, and cultural events, including concerts by young performers and..
“The storm has mostly passed, but there are still risks”, Deputy Premier Tomislav Donchev told bTV regarding Lukoil . ''The first priority is to..
In 2026, Bulgaria will assume the presidency of the EU Strategy for the Danube Region for the second time. The symbolic handover of the presidency took..
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