114 MPs from GERB-CDF, We Continue the Change - Democratic Bulgaria, DPS and 10 independents supported the government's bill on the introduction of the euro in Bulgaria in the first reading.
The bill stipulates that both currencies - the lev and the euro - will be used in the first month. For the first 6 months after the introduction, BGN banknotes and coins will be exchangeable for euro free of charge in banks and the Bulgarian Post Office.
MPs have 3 days to submit proposals between the two readings of the bill.
Parliament also backed a GERB draft resolution calling on the Finance Ministry, in coordination with the Bulgarian National Bank, to speed up preparations for the adoption of the single currency so that the government can request a convergence report from the European Central Bank for the country's entry into the euro area on July 1 2025.
Out of all politicians in this country, President Rumen Radev enjoys the highest approval rating – 46.7% , followed by Prime Minister Rosen Zhelyazkov (18.9%), GERB party leader Boyko Borissov (15.9%), National Assembly Speaker Nataliya Kiselova..
For the third year running, the number of young doctors who want to remain in Bulgaria after graduation has been going up, indicate the results of a survey conducted among 224 Bulgarian students who graduated the Sofia Medical University’s medical..
GERB leader Boyko Borissov told reporters that he supports the position of US President Donald Trump for peace in Ukraine, but that he insists on Bulgaria remaining loyal to its European partners. The policy of the new US administration may pose..
BNB Governor Dimitar Radev will sign the request for an extraordinary convergence report on the fulfillment of the criteria for eurozone membership. This..
With various events throughout the country Bulgarians are marking 152 years after the death of the Apostle of Bulgarian Freedom Vasil Levski. Today, at..
Education must make children not only knowledgeable but also good people, said Minister of Education and Science Krasimir Valchev at a meeting with His..
Partly Cloudy
Mostly Cloudy