Eurozone

Draft Law on Euro Introduction Open for Public Discussion

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.

Croatia enters the Eurozone and Schengen, Sweden takes over the EU Presidency

As of today, Croatia has become the 20th member of the Eurozone and the 27th member of the Schengen area. More than 70 border points with Slovenia and Hungary and 12 - along the sea border are being removed. On this occasion, the President of the European Commission, Ursula von der Leyen, is expected in Zagreb.

Merkel has Rejected any Possible Financial Support for the Italian bank

German Chancellor Angela Merkel has ruled out a possible alleviation of Italy's credit burden and, in an interview with the German newspaper Frankfurter Allgemeine Sonntagszeitung, she explained that the principle of solidarity between Eurozone members should not transform the currency union into a debt-sharing instrument, Reuters , quoted by Focus.

Berlin: We can find a productive solution regarding the Greek negotiation

 

Steffen Seibert, spokesman of the German Ministry of Finance, stated that a productive solution on the Greek negotiation is possible.

As he said, the negotiations this Friday is a good opportunity for all sides to find a constructive way to move ahead and send an optimistic message.

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