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.
In the Synodal Palace, Bulgarian Patriarch Daniil met with the parliamentary group of "BSP - United Left". The delegation of the socialists was led by Deputy Prime Minister and Chairman of BSP, Atanas Zafirov, the Synod of the..
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The euro will help, but it does not on its own guarantee higher standards of living, said Kristalina Georgieva, Managing Director of the International..
The European Commission has presented a proposal for developing high-speed railway lines within the EU until 2040, linking the capitals in the EU, among..
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