Banking Union

Amidst discussions about Bulgaria's journey towards joining the Eurozone, Deputy Governor of the Bulgarian National Bank (BNB), Petar Chobanov, highlighted the robustness of Bulgaria's banking system, stating it aligns closely with Eurozone standards.

Economy and Finance Minister Kostis Hatzidakis is scheduled to travel to Brussels on Wednesday to participate in the Eurogroup and ECOFIN meetings.

President Klaus Iohannis will participate in the European Council meeting in Brussels on Thursday and Friday, the Presidential Administration informed.

Bucharest, June 23 /Agerpres/ - President Klaus Iohannis will participate in the European Council meeting in Brussels on Thursday and Friday, the Presidential Administration informed.

We have made a lot of effort and to our delight the colleagues from the European Banking Authority, allowed the Bulgarian business to use this moratorium and postpone the payment of interest or principal on loans in the coming months of the pandemic. This was stated by Prime Minister Boyko Borissov during a working meeting at the Council of Ministers with members of the government.

GERB proposes a new structure of the judiciary and a reduction in the number of deputies

Prime Minister Boyko Borissov proposes convening a Grand National Assembly and amending the Constitution. This is stated in his official statement.

Here is the full wording of the statement:

I appeal to all Bulgarian citizens.

At a meeting in the Council of Ministers on June 12, the Government discussed a Draft Protocol Decision on actions taken by Bulgarian Development Bank AD (BDB) to acquire shares from the capital increase of First Investment Bank (FiBank).

The Bulgarian state and an anonymous party participated in the auction for 110 million securities, which allow raising 100 million euros from First Investment Bank - Fibank. The capital increase is a condition for Bulgaria to apply for the waiting room of the Eurozone - ERM-2.    Bulgaria's Minister of Economy Emil Karanikolov has confirmed the purchase, but did not specify in what form it was

The EU is working on a slew of new legislative proposals to make Europe a better place to live. Read on to discover what you can expect in 2020. The proposals were originally published on the European Parliament website and can be found here.

Climate emergency

Bulgaria has fulfilled practically all commitments undertaken a year ago to enter ERM II, also known as the Eurozone waiting room. This is understood by information on the website of the Ministry of Finance.