Weather in Bulgaria on March 20: Sunny Start with Strong Winds and Snow in Mountains
As March 20 approaches, weather forecasts indicate a varied picture across Bulgaria, with conditions ranging from sunny spells to snowfall in the mountains
HOT: » Assessing the Legacy of Bulgaria's "Denkov" Cabinet: Achievements, Failures, and What Comes Next
Bulgaria's place is unquestionably inside the single currency and it could potentially join the eurozone within five years, the finance minister has said.
Bulgaria has frozen its application to be part of the euro, but Minister Simeon Djankov told The Times it was conceivable that it could join within five years if the currency area made further progress.
Europe's proposed Banking Union is the main topic of the interview and Bulgaria's Deputy Prime Minister argues all members must be granted equal voting status to avoid creating distortions in the financial sector.
According to Minister Djankov the voices of non-euro members such as Bulgaria needed to be properly represented within the mooted single bank supervisor to be located at the European Central Bank.
A natural consequence would be that non-euro members of the Banking Union should also gain access to the region's bailout fund during banking crises, he said.
MORE READ HERE
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
The International Monetary Fund (IMF) has wrapped up its regular mission in Bulgaria
Bulgaria is on track to meet the inflation benchmark required for Eurozone membership by September
Bulgaria emerges as a surprising leader in the realm of gold ownership, securing its position among the top three countries in Europe per capita
Consumers may have noticed a slight uptick in fuel prices over the past month, with gasoline and diesel seeing modest increases in Bulgaria
Bitcoin, the leading cryptocurrency, has surged to a new record high, surpassing $70,000 for the first time and reaching a peak of around $71,300,
The National Statistical Institute (NSI) has released preliminary data revealing that Bulgaria's gross domestic product (GDP) experienced a modest growth of 1.8% in real terms in 2023
Norwegian Inspiration: Bulgaria's Move Towards Environmentally Friendly Prisons
Nexo Is Suing Bulgaria For Over $3 Billion