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.
There is no direct military threat to Bulgaria following the US strikes on Iran's nuclear facilities, Defence Minister Atanas Zapryanov said at a press conference. Earlier, Prime Minister Rosen Zhelyazkov had convened the Council of Ministers to assess..
Aerospace Engineering is one of the new degree programs recently introduced at the Technical University in Sofia. Taught in English, the programme was launched last year with 16 students enrolled — 11 international and 5 Bulgarian. During the first two..
35 years have passed since the establishment of the Association "SOS Children's Villages Bulgaria" . On this occasion, President Rumen Radev will visit the village of Dren , Radomir Municipality, where he will participate in the celebration of..
At the invitation of Jagiellonian University, one of the oldest universities in Europe, founded in 1364 , Vice President Iliana Yotova will be in Krakow,..
A Bulgarian delegation, led by Prime Minister Rosen Zhelyazkov, will participate in the NATO summit focusing on defense and deterrence plans, which..
It will be a fine, almost quiet night. Tomorrow will be sunny and hot, particularly in the lowlands. A light wind will blow in from the west-northwest...
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