Tag:eurozone

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’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

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 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

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."

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: 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

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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Bulgarian Navy Safely Neutralizes Sea Mine Threat Near Varna

Bulgarian Navy successfully eliminated a potentially hazardous sea mine located just two miles east of Pasha Dere, a popular beach approximately 19 kilometers from the bustling city of Varna
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PM Roosevelt Skerrit meets Bellevue Chopin Primary School students, discusses plans for school building

The young generation and young minds are the future of Dominica and it was an honour to spend time with them, emphasised PM Roosevelt Skerrit.

France Accuses Azerbaijan of Interference in New Caledonia Protests

These state-of-the-art cameras, slated for procurement through a newly announced public tender, will bolster monitoring efforts and serve as a deterrent against reckless driving behavior

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Shocking Trend: Nipple Thefts in Thailand Linked to Breast Surgeries

Uncover the shocking news of nipple thefts in Thailand amid the surge in breast surgeries. A cautionary alert for those considering cosmetic procedures abroad. Stay informed, stay vigilant

Bulgaria witnesses red aurora lights, the rarest of a rare phenomenon

Bulgaria observes an unusual red glow in the skies believed to be red Aurora lights. The rare phenomenon causes multicoloured lights to dance in the sky. The red and magenta colours were the most dominant