ECB Sets Timeline for Digital Euro, Eyes 2029 Launch
The European Central Bank (ECB) has confirmed that the introduction of a digital euro will proceed only once the necessary legislative framework is established by European institutions
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French MEP Jordan Bardella has sent an initiative to the European Commission to halt the enlargement process with Bosnia and Herzegovina (BiH).
In his initiative, he notes that the current migrant crisis speaks to the inability of the Balkan countries to join an area where people enjoy free movement, such as the EU.
Bardella states that BiH applied for EU membership on 15 February 2015, eight years after the Stabilization and Association Agreement was signed.
On 15 February 2016, eight years after the conclusion of the Stabilisation and Association Agreement, Bosnia and Herzegovina applied for accession to the European Union. The Commission’s initial assessment established that the country fell well short of meeting a number of criteria relating to the acquis communautaire, meaning that significant improvements were needed in the areas of information and the media, social policy, employment and the judicial and security apparatus.
Worse still, the country’s environmental policy was judged to be entirely incompatible with EU standards.
The migrant crisis is highlighting the unsuitability of the Balkan countries to join an area in which people enjoy freedom of movement, given the worryingly lax approach they take to border control. Almost EUR 34 million in EU funds have been made available to Bosnia and Herzegovina for that purpose since 2018, and the country’s migration management arrangements were discussed at the plenary session in Brussels in November 2019.
The initiative by a radical French MEP comes after President Emmanuel Macron's recent statement that BiH is a delay-action bomb that is ticking right next to Croatia.
The housing market in Bulgaria is undergoing notable shifts, with buyers increasingly prioritizing location and accessibility over sheer size.
Bulgaria closed 2025 with the unemployment rate hitting a historic low of 3.2 percent, according to the latest data from the National Statistical Institute
In the final quarter of 2025, Bulgaria’s economy showed signs of slowing, with gross domestic product (GDP) rising by 2.9 percent year-on-year, down from 3.1 percent in the same period of 2024.
Bulgaria saw a record influx of Romanian tourists in 2025, according to the latest figures from the National Statistical Institute
In 2025, Bulgarian wineries produced a total of 66 million litres of wine, according to Krasimir Koev, Executive Director of the Executive Agency on Vine and Wine.
Bulgaria’s parliament has approved an agreement with North Macedonia to build and operate a cross-border railway tunnel connecting the two countries.
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