Bulgarians Join Balkan Protest Against Soaring Food Prices
Bulgaria has joined Croatia, Bosnia and Herzegovina, and Montenegro in organizing protests against rising food prices
Bulgaria can adopt the euro by 2023. This is stated in a report by the rating agency Fitch.
The document recalls that the procedure began last year and a final decision on joining the ERM 2, also known as the euro waiting room, is expected by the end of this procedure.
However, Fitch states that the year 2023 is possible only if Bulgaria fulfills all the criteria - not only for the waiting room, but also for the subsequent accession to the Eurozone.
The company recalls that our country has officially launched the process of joining the ERM II (the euro waiting room) in July 2018, and a decision on whether to join is expected by the end of 2019. The rating agency makes it clear that January 2023 is a possible timeframe if it is considered that Bulgaria successfully fulfills the ERM II criteria and then the broader convergence criteria. The report says that adopting the euro in Central and Eastern European countries would be positive for their sovereign creditworthiness.
In addition to the benefits of this move, the agency also points out the possible negatives.
Romania has also expressed interest in joining ERM II but there is currently no formal timetable in place.
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.
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