Bulgaria and Croatia have joined the ERM II exchange rate mechanism and the Banking Union, and in the next 3 years the two countries will prepare for the adoption of the single European currency, the European Central Bank has announced. Thus, the euro area may expand with new members for the first time since 2015, when Lithuania became its 19th member.
"This is a historic act that will be of great importance for the future of Bulgaria", said Bulgarian National Bank Governor Dimitar Radev at a briefing on Bulgaria's accession to ERM II. Finance Minister Vladislav Goranov added that this was equally important to Bulgarias membership in NATO and the EU, and the next logical step would be Bulgaria's accession to the euro zone.
A festive concert of the Otets Paissii Performing Folk Ensemble will be held in Nessebar today, as the ensemble celebrates 70 years since its establishment. The formation is the oldest Bulgarian folklore ensemble in the USA at the..
The village of Delchevo is restoring the tradition of celebrating Midsummer's Day with a two-day program on June 21 and 22, the Gotse Delchev municipality announced. The events will begin on June 21 at 5:00 p.m. with a procession..
On Saturday , the lowest temperatures will be between 11 to 18°C. In Sofia – about 11°C. Sunny weather will prevail during the day. Before noon, there will be significant cloudiness over the central parts of Northern Bulgaria and..
Bulgarian Shopska Salad has earned a place among the 24 best salads in the world according to a new ranking published by CNN, BGNES reports. The fresh and..
On Friday, the minimum temperatures will be from 15 to 21°C, in Sofia - around 17°C. It will be sunny before noon. Cumulus and cumulus-rainy cloudiness..
Eurogroup president Paschal Donohoe expects a consensus at today's meeting in Luxembourg on Bulgaria's entry into the Eurozone, BNR correspondent in..
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