Bulgaria and the Euro: What Happens to National Monetary Sovereignty?
One of the most debated topics around Bulgaria’s upcoming transition from the lev to the euro is whether the country is giving up its sovereignty
The opposition Bulgarian Socialist Party (BSP) refused to head the parliamentary committee on constitutional amendments.
Earlier on Wednesday, the main ruling party GERB proposed to BSP to head the committee, which will be established after the constitutional amendments were tabled to parliament on Tuesday.
The constitutional amendments were supported by 132 MPs from the main ruling party GERB, its junior coalition partner the Reformist Bloc (RB) and one of the parties supporting the government – the Patriotic Front (PF).
The other party backing the government – Alternative for Bulgarian Revival (ABV) did not support the amendments, but eight MPs from the Bulgarian Democratic Centre (BDS) signed in favour.
Since BSP declared itself against the amendments, it would have been controversial for the party to head the committee.
The parliament will vote the membership of the committee, which will deal with the proposed constitutional amendments concerning the judicial reform, on Thursday.
Brussels has unofficially warned Bulgaria’s Finance Minister Temenuzhka Petkova that the country’s euro adoption process could be suspended, according to BGNES, citing Nova TV.
"Everyone wants positions – in regulatory bodies and ministries," he emphasized.
Bulgaria’s toll system now has the technical capability to track average vehicle speeds, as announced by the National Toll Management following a meeting with Regional Development Minister Violeta Koritarova.
The income required to cover living expenses for a working individual and a three-member family with a child under 14 has remained almost unchanged compared to June, according to an analysis by the Confederation of Independent Trade Unions in Bulgaria (CI
The Council of Ministers has adopted a resolution to set the minimum wage at 1,077 leva, reflecting a 15.
Every 20 minutes, fire alerts are received from across Bulgaria.
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