Lessons from Lithuania: How Bulgaria Can Manage Prices and Boost Savings with the Euro
Kēstutis Kupsys, vice president of the Lithuanian Consumers' Union, shared insights from Lithuania’s experience with euro adoption
Bulgaria will assume the rotating presidency of the European Council on 1 January 2018, six months earlier than initially planned, the country’s public radio broadcaster BNR announced on Thursday.
The change had been propmpted by Britain’s decision is to give up its presidency of the European Council next year in order to focus on preparations for negotiations to leave the EU, BNR said.
British Prime Minister Theresa May has informed the President of the European Council, Donald Tusk, about the decision in a telephone call on Tuesday. The UK was due to hold the seat in the second half of next year but the Prime Minister has decided that Britain should skip its turn in the light of last month's referendum vote for Brexit.
The UK will be replaced by Estonia, which will assume the six-month presidency of the European Council on 1 June 2017. Bulgaria will take the seat from Estonia from the start of the following year.
Slovakia holds the rotating EU presidency at present. Malta will assume the position on 1 January 2017.
Ursula von der Leyen is facing a political storm in Brussels after her European Commission decided to pull a major environmental bill
The European Commission has confirmed that Bulgaria meets the inflation criterion necessary for joining the eurozone
At a meeting in Luxembourg on June 19, the finance ministers of EU member states unanimously endorsed the Eurogroup’s recommendation for Bulgaria to adopt the euro starting January 1, 2026
As hostilities between Israel and Iran stretch into their second week, European powers are intensifying diplomatic efforts to prevent a broader regional war
The Eurogroup has given its full support for Bulgaria to join the eurozone
The convergence reports on Bulgaria, issued by the European Commission and the European Central Bank, are expected to receive broad support from all Eurozone countries
Borderless Bulgaria: How Schengen Benefits Are Transforming Trade and Logistics
Bulgaria's Mortality Rate Remains Highest in Europe