We welcome the progress achieved by Bulgaria on its way towards adopting the euro and encourage the continued efforts towards meeting all the convergence criteria, reads a statement issued after the two-day Euro Summit in Brussels.
In June, Bulgaria is expecting a compliance assessment of whether the country meets the criteria for the adoption of the euro. The country will likely ask for an additional evaluation in the autumn, because that is when it is expected to meet the last of the criteria – the inflation rate, outgoing Minister of Finance Assen Vassilev said.
It will be mostly sunn y on Wednesday. Cumulus clouds will develop in the afternoon hours. Brief showers are expected in some places, mainly in the mountainous regions. It will be hot in the lowlands, with maximum temperatures between 30°C and..
'Legal changes have been drafted in response to the frequent road accidents involving trucks, ' said Grozdan Karadzhov, the Deputy Prime Minister and Minister of Transport, after a meeting with non-governmental organisations focused on road safety, as..
'The business community is ready to join the eurozone, and a grim scenario is unlikely after the euro is adopted,' said Deputy Prime Minister and BSP leader Atanas Zafirov, as reported by BNR journalist Daniel Inkov. Prior to the publication of the..
At a meeting with International Monetary Fund (IMF) Managing Director Kristalina Georgieva, Prime Minister Rosen Zhelyazkov stressed that the country is..
More than 2,000 post offices in small towns and villages will exchange Leva for Euro from the day Bulgarian joins the Eurozone, Stanimir Belinov,..
National Assembly President Natalia Kiselova expressed the hope that the work of the MPs will not be jeopardized, after the Vazrazhdane leader called on..
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