The Bulgarian government has adopted a plan for the introduction of the euro in Bulgaria. At a briefing at the Council of Ministers, Deputy Prime Minister and Minister of Finance Asсen Vassilev explained that this is an operational plan that gives clear deadlines and tasks to banks, payment and state institutions, how exactly to introduce the euro, how to convert and reverse deposits and loans.
A number of legislative changes are forthcoming, including an amendment to the Bulgarian National Bank Act, and public and expert discussions on Bulgaria's accession to the euro area will continue, Vassilev said.
The cabinet ministers from the Bulgarian Socialist Party, BSP, voted against, stating as their motive the agreement on the formation of the government, according to which the decision is to be made after the Bulgarian National Bank makes an analysis of the effects. No such analysis has, as yet, been made, the BSP says.
The Multinational Battle Group in Bulgaria is in an excellent position to grow and upgrade to brigade level. This was stated at the Novo Selo training ground by Adm. Giuseppe Cavo Dragone, Chairman of the NATO Military Committee . At the Novo Selo..
On Defence Industry Day, 16 July, a memorandum of cooperation will be signed between the Ministry of Defence, the Ministry of Economy and Industry, and the Ministry of Innovation and Growth with the defence industry. “This memorandum will..
An official reception at the Bulgarian Embassy in Paris marked the closing of the 47th session of the UNESCO World Heritage Committee. Among those present were the chair of the session Prof. Nikolay Nenov, the director of the World Heritage Centre..
Demonstrations in support of Varna Mayor Blagomir Kotsev are set to intensify on Tuesday evening, expanding beyond Bulgaria to four major European cities...
On Wednesday, the Council of Ministers adopted the Programme for the Support of Bulgarian Communities, Organisations and Media Abroad for 2025...
Bulgaria's parliament has approved new regulations for electric scooters, introducing mandatory registration and civil liability insurance under..
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