As of September 15, the European Commission formally closes the Cooperation and Verification Mechanism (CVM) for Bulgaria and Romania. The mechanism was set up for the two countries in 2006, before their accession to the EU, as they still had progress to make in the fields of judicial reform, corruption and (for Bulgaria) organised crime.
The progress of Bulgaria and Romania in the rule of law will be assessed only under the annual Rule of Law Cycle as for all Member States.
Bulgaria's last progress report under the mechanism was in October 2019, when EC concluded that the country had satisfactorily met its obligations set out under the CVM at the time of accession to the Union.
The monitoring mechanism remained in power until 5 July 2023, when the Commission informed both the Council and the European Parliament of its intention to formally close the CVM.
On October 21, the Ministry of Finance assumed domestic debt and sold government securities for 145 million euros with 3-year maturity. In 2025, the state assumed domestic debt of 1.45 billion euros. Debt of 7.2 billion euros was..
Foreigners often want to pay in euros. The reason is that the goods already have a price in the European currency, the commercial establishments in Kyustendil say. Sellers have some difficulties explaining that this cannot be done..
Today, architecture students from the University of Architecture, Civil Engineering and Geodesy in Sofia are presenting new proposals for integrating the remains of the Roman Villa Rustica into the city's modern urban environment. Their aim,..
In September, Bulgaria was mentioned as a country connected with dangerous food 7 times, indicate data of the European Rapid Alert System for Food and..
The President of the “Renew Europe” group in the European Parliament, Valérie Hayer, called on the European Commission to urgently send a mission to..
The legal heirs of the people who lost their lives during the flooding in the region of Burgas at the beginning of October will receive 15,000 leva (EUR..
Partly cloudy, chance of rain
Cloudy
Mostly Cloudy
Overcast, rain