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 World Bank has lowered its forecasts for the economic growth of the global economy and Bulgaria for this and next year. The assessment is part of the regular analysis of the international financial institution, published every 6..
An emergency curfew has been imposed in the central part of Los Angeles, California, USA, the Situation Center of the Ministry of Foreign Affairs warned. The measure is due to the protest actions on the evening of June 10, 2025...
China is the big winner from the EU sanctions policy against Russia, Bulgarian President Rumen Radev told CNN. Regarding the war in Ukraine, Radev thinks that the moment is approaching when “Ukraine may be left without enough people..
Bulgarian mother Mika Koleva and her children were forced to leave Northern Ireland after her home in Ballymena, County Antrim, was attacked by..
Only 6% of Bulgarians lead a healthy lifestyle, according to a sociological survey conducted by the Research Center Trend, commissioned by the Health..
Bulgaria's Road Infrastructure Agency has announced that environmental activists have withdrawn their complaints and terminated the cases related to the..
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