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.
On 6 March, the fourth designated day of boycotting retail chain stores in Bulgaria, they registered a higher turnover, National Revenue Agency data show. Their turnover amounted to a little over 29 million Leva /EUR 14.83 million/. By way of..
The birth rate in the EU in 2023 fell by 5.4% compared to 2022. This is the largest annual decrease since 1961. Bulgaria had the highest total birth rate in the EU in 2023 with 1.81 live births per woman. This is according to data..
An American business delegation is visiting Bulgaria at the initiative of President Rumen Radev. Among the guests are representatives of leading companies operating in the defence, space and cyber industries and high technologies...
Citizens who cross at a pedestrian crossing while holding a mobile phone will be fined, according to proposed legislative changes. According to..
An official ceremony and a March of Tolerance named ''We Remember'' took place in Sofia to mark the 82nd anniversary of the rescue of Bulgarian..
It will be sunny on Monday. There will be light to moderate southerly and southwesterly wind and temperatures will continue to go up. The lowest..
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