Bulgaria Meets All Criteria for Euro Adoption, Eyes Positive EC and ECB Reports
Bulgaria anticipates favorable outcomes from the upcoming reports by the European Commission (EC) and the European Central Bank (ECB) on its euro adoption
Germany's Finance Minister Wolfgang Sch?uble has made clear he considers a Greek exit from the Eurozone (a so-called Grexit) possible, amid a harsh verbal clash with Greek politicians.
"As the responsibility, the possibility to decide what happens, lies only in [the hands of] Greece, and as we do not know what those responsible in Greece are doing, we cannot rule it out," Sch?uble said on Thursday evening, while on a visit to Austria to meet counterpart Hans J?rg.
Athens is currently in talks on receiving additional assistance from the European Central Bank in return for more reforms.
Sch?uble reiterated the country could count on new strings of cash only if it sticks to its commitments to international creditors.
"Europe stands ready to help Greece, but Greece must also allow help. The problem cannot be solved by making others scapegoats," German daily Frankfurter Allegemeine Zeitung quoted him as saying.
Sch?uble's comments follow renewal of tensions between him and his Greek counterpart Yanis Varoufakis.
Amid days of technical talks held among Eurozone finance ministers on the extension of Greece's bailout program, the German politician reportedly called Varoufakis "foolishly na?ve," and Athens lodged a complaint. However, German media outlets suggest the scandal might be a result of bad translation.
Earlier this week, Greek PM Alexis Tsipras also declared his country would seek again German reparations for World War Two, a demand which added to tensions.
The European Court of Human Rights (ECHR) has instructed Bulgarian authorities to provide suitable alternative housing for the fourteen individuals affected by the demolition
Power supply is nearly fully restored in Spain and Portugal after a widespread and unusual blackout that disrupted the Iberian Peninsula for almost 20 hours
Millions of people in Spain, Portugal, and Andorra were left without electricity today following a major power outage
European Council President Antonio Costa praised Bulgaria's substantial progress in meeting the criteria for joining the eurozone during a press briefing after his meeting with Prime Minister Rosen Zhelyazkov
According to data from the European Central Bank (ECB), wage growth in the eurozone is anticipated to decelerate substantially this year
Bulgaria has officially started its preparations to assume the presidency of the EU Strategy for the Danube Region (EUSDR)
Google Street View Cars Return to Bulgaria for Major Mapping Update
Housing Prices Soar in Bulgaria’s Major Cities as Demand and Supply Strain Increase