Fitch Forecasts Extended Losses for ECB and EU Central Banks
According to Fitch Ratings, the European Central Bank (ECB) and central banks across the European Union are expected to endure "prolonged losses" due to increased borrowing costs
Bulgarian PM Plamen Oresharski met Saturday in Sofia with Romanian counterpart Victor Ponta to discuss matters of mutual interest.
Ponta is in Sofia to take part in the annual council of the Party of European Socialists, which this time over takes place at the National Palace of Culture in Bulgaria's capital.
The two neighborly PMs' meeting on the sidelines of the council was the second in two weeks, after June 14 they unveiled the new bridge linking Vidin and Calafat, the so-called Danube Bridge 2.
"This is our second meeting in such a short time, and we already negotiated to hold a high profile summit in Varna this fall," stated Bulgarian PM Oresharski after the meeting.
He said that the two countries have pledged to work together to better battle hurdles that they both face.
"In particular, we commented on our Schengen accession and decided to coordinate our positions in order to have a better standing in front of our EU partners," said Oresharski.
Bulgaria and Romania's normal accession to the Schengen area has been blocked by a number of EU member states which have cited alleged problems with corruption and organized crime as reasons for their reluctance.
Saturday Bulgarian PM Oresharski also revealed that he discussed with his Romanian counterpart Ponta a number of joint energy projects, such as Nabucco West, and the linking of Bulgaria's and Romania's electricity and natural gas networks.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
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.
An SPD-led government in Germany has significant potential to sharpen international attention to the problems of corruption in Bulgaria.
Bulgaria Ranks Second in the Balkans at Paris 2024 Olympics, 26th Overall
Bulgaria Leads Europe in Heat-Related Deaths in Record-Breaking 2023