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.
The planned annual maintenance of Unit 6 of Bulgaria's only NPP, Kozloduy, has been completed. The unit was connected to the national grid at 10:07 following an inspection by the Nuclear Regulatory Agency. In addition to the repairs made to improve..
A quadripartite meeting of the interior ministers of Bulgaria, Hungary, Austria and Romania in Budapest on 22 November made it clear that Austria would lift its veto and that Bulgaria and Romania would probably become full members of Schengen from the..
President Rumen Radev met with Bulgarians living and working in Singapore during his visit to the Asian country on November 22-24. There are an estimated 400 Bulgarians living in Singapore. "Our diaspora in Singapore occupies a very special..
According to an analysis by the Electricity System Operator, a shortage of electricity is expected as early as January and February next year. At a..
“It’s time to lift internal border controls now,” European Commissioner for Home Affairs Ylva Johansson believes. In an interview with RFE/RL she..
The Constitutional Court has opened a case following the request by President Rumen Radev for the amendments to the Constitution, endorsed by the 49 th..
Mostly Cloudy
Partly cloudy, chance of rain
Partly Cloudy
Partly cloudy, chance of snow