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Spanish Prime Minister Jose Luis Rodriguez Zapatero (L) chats with France's President Nicolas Sarkozy at the start of a European heads of state summit at the European Council headquarters in Brussels. Photo by EPA/BGNES
Bulgarian PM Boyko Borisov stated Bulgaria could support under certain conditions proposals by Germany and France for stricter penalties for slack budget discipline on the part of member states as he arrived for the EU summit in Brussels.
The Bulgarian PM said that the proposal is "very revolutionary" and needs to be carefully considered.
He nevertheless stated Bulgaria is could support it if there are strict and clear conditions for the application of the new penalties and if member states will be given an adequate time to comply with requirements after an initial warning.
He also expressed concern that the new measures might be more eagerly applied against smaller EU-members, saying: "Let's be frank - who's going to penalize France or Germany? They'd punish countries such as Bulgaria, Romania, Poland or the Czech Republic, so we must be very cautious."
The proposal brokered between German Chancellor Angela Merkel and French President Nicholas Sarkozy has polarized the EU, especially as it involves the need to amend the Lisbon Treaty just a year after it entered into force.
A group of Members of the European Parliament has raised concerns over the potential leakage of confidential EU information to Russia, urging stronger safeguards within the European Parliament
The European Public Prosecutor’s Office (EPPO) has carried out a series of coordinated investigative actions across several countries, including Bulgaria and Romania, as part of a probe into suspected large-scale fraud involving EU funds
The caretaker government has approved a decision endorsing the Partnership Agreement between the European Union and its Member States and the Mercosur bloc
US Vice President JD Vance launched a sharp attack on the European Union during a visit to Budapest, accusing Brussels of interfering in Hungary’s election just days before a closely contested vote that could reshape the country’s political landscape
Fuel prices in Germany have recently reached new highs, with diesel briefly exceeding 2.40 euros per litre during the Easter holiday period before easing slightly afterward
Unemployment in the euro area edged up slightly in February, reaching 6.2% compared to the record low of 6.1% recorded in January, according to figures released by Eurostat
EU countries will each have to secure guarantees worth billions of euros for the loan to Ukraine funded by frozen Russian assets, Politico’s Brussels edition reports.
Bulgaria's Minister of Defense Todor Tagarev admitted the possibility that an explosive device might have been planted on board the crashed plane in which Yevgeny Prigozhin was traveling
The European Commission has announced that it is preparing criminal proceedings against Bulgaria, Cyprus, Greece, Malta, and Portugal for incorrect application of the rules on the exchange of data on criminal records and the establishment of the relevant
The European Commission has started an evaluation of the Plan for Reconstruction and Development of Bulgaria, said the spokesman of the European Commission Eric Mamer. The document was submitted to the Commission on 15 October.
58% of Bulgarians do not support the introduction of the euro as the official currency in the country. This shows a study prepared by Trend agency specifically for the financial forum NEXT DIFI 2021, organized by b2b Media for the fifth year. The data dur
Too late Bulgaria began to explain its own position towards North Macedonia, as it should have been clear to our European partners some time ago.
Aniventure Comic Con Returns to Bulgaria with Star Guest Christopher Judge!
Global Fuel Shock: Oil Jumps Over 40% Since Iran War Began
