Tag:eurozone
Bulgaria
Bulgaria Eyes Euro Adoption in 2025: Eurogroup President Confirms
This declaration follows extensive discussions between Donohoe and top Bulgarian officials, including outgoing Prime Minister Nikolay Denkov, Deputy Prime Minister Mariya Gabriel, and Finance Minister Assen Vassilev
Bulgaria
Bulgaria’s leap to Eurozone: New Law on National Bank Paves the Way
This larger financial structure encompasses the European Central Bank and the national central banks of Eurozone member states, ensuring a unified approach to monetary policies and financial regulations
Bulgaria
Ivalyo Mirchev explains six advantages of adapting Eurozone, debunks six myths linked to euro adoption
Ivalyo Mirchev, a member of the Bulgarian National Assembly, outlined the six advantages of Bulgaria joining the Eurozone. Bulgaria is anticipated to join the Eurozone on January 1 2024, making the euro the country's secondary currency after the lev served as the sole legal tender for more than 140 years
Bulgaria
Bulgaria Will Not Join Eurozone in 2024
Bulgaria planned on joining the Eurogroup of euro area finance ministers in 2024. Still, the Eurogroup has recently rejected the plan because Bulgaria still needs to implement the necessary legislation and has been unable to control inflation
Bulgaria
Changing Currency doesn’t increase inflation; Galab Donev
During the conference's opening, titled "Bulgaria on the path to the Euro," Prime Minister Galab Donev of Bulgaria remarked, "Joining the Eurozone is a factor that will contribute to our country being wealthy."
Bulgaria
Sofia: Protests against government’s decision to block four Russian TV channels
Several Bulgarians living in Sofia gathered outside the EU building to demonstrate against the government's decision to block four Russian TV networks
Bulgaria
Bulgaria: Bank accounts automatically switch to EUR from BGN, after the introduction of Euro
In a statement published in the bulletin of the Association of Commercial Banks, Governor of the Bulgarian National Bank (BNB) Dimitar Radev stressed that bank accounts will automatically convert from BGN to EUR on the day of the introduction of the single European currency
Bulgaria
Former Prime Minister compliments Bulgaria’s entry to Eurozone
Boyko Borissov, the head of the GERB party and a former prime minister, congratulated Bulgaria on joining the eurozone. The Bulgarian National Bank began preparing for the minting of Eurocoins on Tuesday. According to the Bulgarian National Bank, the EU Council must make the ultimate decision (BNB)
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Dominica budget 2024/2025 scheduled today: $1.4 B expected allocation
The new budget for Dominica is expected to have a $1.4 Billion expenditure. The final budget address is set to take place today.
Polish Firm PESA Wins Contract to Supply 35 Trains to Bulgaria Following Stadler Withdrawal
The announcement comes after Stadler Polska, which had been ranked first for the contract to deliver seven double-decker trains funded by Bulgaria's Recovery and Resilience Plan, requested to terminate the agreement
Tourism Thrives in Primorsko and Kiten Amidst Business Challenges
Primorsko and Kiten, two of Bulgaria's beloved Black Sea coast destinations, are experiencing a bustling summer tourist season. Despite facing several challenges, local businesses continue to attract a significant number of visitors, ensuring the vibrancy of these popular resorts
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Dominica budget 2024/2025 scheduled today: $1.4 B expected allocation
The new budget for Dominica is expected to have a $1.4 Billion expenditure. The final budget address is set to take place today.
Kavem Hodge Becomes First West Indian to Score a Test Century in England Since 2017
Kavem Hodge scored his maiden century in the second Test against England, making him the first West Indian batsman to have century since 2017