''Today, the European Commission and the European Central Bank categorically stated that Bulgaria meets the criteria for eurozone membership. This is a cause for pride for Bulgarian society, which in the late 1990s embarked on the path to be..
Bulgaria has submitted a request for an extraordinary convergence report based on the understanding that the country meets the criteria for entering the Eurozone, Prime Minister Rosen Zhelyazkov said at the opening of a new production facility in..
Bulgaria is well advanced in the process of meeting the criteria for joining the Eurozone, European Central Bank President Christine Lagarde said during her regular press conference. Christine Lagarde was asked to comment on the country’s..
On May 2, 2024, the Governing Council of the European Central Bank adopted an opinion expressing a positive assessment of the draft Law on the introduction of the euro in the Republic of Bulgaria. The ECB has welcomed the aim of the draft law..
T he Bulgarian government approved a new draft law on the Bulgarian National Bank (BNB) . It aims at securing the legal integration of BNB into the Eurosystem upon the introduction of the euro in the country. A legal framework..
The Bulgarian National Bank raised the base interest rate by 0.35% to 2.17%. The new base interest rate is effective as of March 1. In February the base rate was at 1.82%. The interest rate increase comes against the backdrop of increasing interest..
Bulgaria’s entry into the Eurozone has, in recent weeks, entered the public domain, and vigorously. In the statements they have been making, government officials, businessmen and experts have even been making mention of the date for the..
Bulgaria’s Premier Kiril Petkov is to participate at the informal EU summit in Versailles, the government press service announced. Today, the European leaders are expected to discuss the situation in Ukraine, as well as concrete steps towards more..
As of October 1, 2020, the Bulgarian National Bank (BNB) is cooperating with the European Central Bank. The accession of Bulgaria to the Banking Union has lead to the direct supervision by ECB of 5 commercial banks registered in Bulgaria - DSK,..
Five major Bulgarian commercial banks are to go under the direct supervision of the European Central Bank as of October 1, 2020 , BNR reports. This is part of the cooperation of the Bulgarian National Bank with the European financial institution on the..
