Could Bulgaria Face a 'Greek Scenario' After Adopting the Euro?
With Bulgaria set to adopt the euro on January 1, 2026, questions are surfacing about whether the country might face financial risks similar to those that led to Greece’s debt crisis
In a bid to uphold the principle of free access to beaches, Greek authorities have implemented strict regulations, warning of hefty fines for violators. The move comes after parliament passed legislation ensuring unimpeded access to coastal areas, emphasizing that there are no private beaches in Greece.
Local authorities have taken proactive measures to monitor beach access, employing drones and ground teams to identify and remove obstacles hindering free passage. Often, these obstacles are erected by owners of coastal establishments and private individuals with seaside villas in an attempt to restrict public access.
Under the new regulations, establishments are prohibited from placing umbrellas and deckchairs closer than four meters from the shoreline. Sufficient space must also be maintained between tables to ensure unobstructed access to the beach.
Authorities are cracking down on temporary or permanent enclosures, including fences, barriers, and even parked cars that impede access to the beach. Violators face fines of up to 60,000 euros, prompting restaurant owners to exercise caution.
The municipality of Leipsoi has taken a firm stance on the issue, banning all paid umbrellas on the small island. The move has garnered significant interest from tourists seeking unspoiled beaches and unrestricted access to the sea.
At a meeting of EU permanent representatives held in Brussels, several member states put forward a proposal to impose restrictions on the movement of Russian diplomats across the European Union
This week, the European Union celebrates a landmark moment in its history - the 40th anniversary of the Schengen Agreement
President Rumen Radev’s recent statement that 18 of the 27 EU member states held referendums on their accession under the condition of adopting the euro does not hold up against the facts
Bank of Greece Governor Yannis Stournaras has once again voiced his support for elevating the euro’s role in the global financial system
Latvian MEP Ivars Ijabs from the "Renew Europe" group believes that Bulgaria’s plans to adopt the euro are a positive move, both for its citizens and its economy
Thousands of people gathered in Budapest on Tuesday in a protest against the government of Hungarian Prime Minister Viktor Orban
Borderless Bulgaria: How Schengen Benefits Are Transforming Trade and Logistics
Bulgaria's Mortality Rate Remains Highest in Europe