European Commission

The European Commission considers the period between 2025 and 2034 to be high-risk and critical for the sustainability of the Greek debt, after which, if it is overcome, in the long term and until 2070, Greece will be a low-risk country on this front.

In a significant milestone for Bulgaria and Romania, the two countries are poised to become part of the Schengen area by air and sea, marking a momentous occasion in European integration. The move, scheduled for Sunday, will streamline travel procedures and eliminate border checks at airports and seaports, facilitating seamless movement for travelers within the Schengen zone.

As the days grow longer and the promise of spring beckons, Bulgarians eagerly anticipate the annual ritual of setting their clocks forward as daylight saving time approaches. With March traditionally marking the transition from winter to summer time, the impending change on Sunday, March 31 at 3:00 a.m. heralds the arrival of brighter evenings and longer daylight hours.

European governments are weighing the introduction of tougher rules on cigarette makers' new zero-tobacco heat sticks, moving to close the loopholes they were designed to exploit just months after their launch.

GERB leader Boyko Borissov expressed his perspective on the recent negotiations surrounding the formation of a government, highlighting the challenges and compromises faced during the process.

The Ministry of Finance has made public the draft Law concerning the implementation of the euro in the Republic of Bulgaria, inviting public discourse. The objective of this initiative is to facilitate the seamless integration of the euro into Bulgaria and enhance transparency and understanding regarding the adoption process of the unified European currency within the nation.

In response to the ongoing war between Russia and Ukraine, the European Commission has greenlit a significant aid package for Bulgarian farmers, totaling approximately 86.9 million euros (equivalent to 170 million leva). The scheme aims to provide essential support to farmers facing financial hardships due to market disruptions caused by the war.

EU commissioner Margaritis Schinas said on Friday that the European Union could strike a deal with Lebanon to stem arrivals of migrants, as Cyprus complained it was being inundated by a surge in arrivals from the Middle East.

The European Commission has unveiled plans for significant tariff hikes on grain imports from Russia and Belarus. The proposed tariffs, described as potentially functioning as de facto sanctions, aim to address growing concerns over the use of food exports as a geopolitical tool by Moscow while safeguarding EU markets and farmers.

As tensions escalate in Rafah, European leaders have issued an urgent plea to Israel, urging the nation to refrain from launching a ground operation due to the dire humanitarian consequences for refugees in Gaza and the volatile international situation in the region.