Bulgaria Gears Up for the Euro: Essential Cash Register and Vending Machine Updates (KEY DATES)
With Bulgaria preparing to adopt the euro as its official currency, changes in how retail transactions are processed are on the horizon
In a significant affirmation of Bulgaria's path towards Eurozone accession, European Commissioner for Economy Paolo Gentiloni has confirmed the European Commission's support for Bulgaria's admission to the Eurozone in 2025. The confirmation came during a meeting with Bulgaria's acting Deputy Prime Minister and Minister of Finance, Lyudmila Petkova, who is currently on a two-day visit to Brussels, according to reports from the Finance Ministry.
In the meeting, Deputy Prime Minister Petkova underscored the caretaker government's priorities, emphasizing the ongoing efforts to fulfill the necessary criteria for joining the Eurozone and the implementation of the country's Recovery and Sustainability Plan.
Petkova also outlined Bulgaria's intentions to execute the measures outlined in the second tranche of payments and to update the Recovery and Sustainability Plan, particularly focusing on the REPowerEU chapter. As part of these efforts, a meeting is scheduled for the following day with the leadership of the Working Group on Recovery and Sustainability from the European Commission.
The European Commission's support for Bulgaria's Eurozone accession in 2025 signals a significant step forward for the country's economic integration with the European Union, providing a boost to Bulgaria's aspirations for enhanced economic stability and growth.
Thomas Waitz, the European Parliament rapporteur on North Macedonia, has revealed that he received death threats in connection with his work on the country’s progress toward EU membership
Svenja Hahn, Chairwoman of the Alliance of Liberals and Democrats for Europe (ALDE) and Member of the European Parliament from Germany, has formally requested an urgent meeting
Germany is facing increasing pressure to bolster its defense capabilities amid new security challenges
As of January 1, 2025, the population of the European Union reached 450.4 million people
The European Parliament has rejected a motion of no confidence against the European Commission led by Ursula von der Leyen
North Macedonia’s Prime Minister Hristijan Mickoski declared on Wednesday that Bulgaria is pursuing a long-standing strategy aimed at erasing the Macedonian nation and identity
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