Without discussion and debates, the parliament adopted conclusively the Law on the Introduction of the Euro in Bulgaria. 167 MP from GERB-SDS, the Movement for Rights and Freedoms (DPS) and We Continue the Change-Democratic Bulgaria voted in favour, 48 MPs voted against and 13 MPs abstained.
The cabinet is obligated to request an extraordinary report from the European Commission on the country's progress towards adopting the euro once it manages to meet the inflation criterion – the only one it has not met so far. Within 14 days after meeting this criterion, the cabinet is also obligated to propose the adoption of the euro from July 1, 2025. So far, countries have not been accepted into the Eurozone in the middle of the year, but there is no established rule that this must necessarily happen at the beginning of the calendar year. The actual date for the introduction of the euro will be determined by a Decision of the EU Council.
On 1 November, Bulgaria’s National Awakeners' Day, Sofia’s Gina Kuncheva Square will come alive in a truly remarkable way. From midday, the Oborishte Municipality and the Buditelkite Foundation will unveil the country’s first interactive outdoor museum,..
On the Day of National Awakeners, the Presidential Administration will open its doors to citizens. Today, at 10:30 a.m., a ceremony to raise the national flag of Bulgaria will be held in front of the presidential institution building...
A number of events are being held throughout Bulgaria to mark the Day of National Awakeners. On the day we pay tribute to the Bulgarian writers, educators and fighters for national liberation who have preserved the spiritual values..
The Ministry of Finance and the Bulgarian National Bank are organizing a high-level conference today titled ''Bulgaria on the Doorstep of the Eurozone''...
The euro will help, but it does not on its own guarantee higher standards of living, said Kristalina Georgieva, Managing Director of the International..
On Tuesday , the lowest temperatures will be between 8 and 13°C; in Sofia - about 8°C. During the day, it will remain cloudy. There..
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