European Union

Bulgaria ranks last in the European Union (EU) in online holiday booking, Eurostat statistics for 2017 show.

In the EU in 2017, 50% of internet users said they had booked their vacations online. Only 17% of the Bulgarian population planned their vacations this way.

Bulgaria can adopt the euro by 2023. This is stated in a report by the rating agency Fitch.

The document recalls that the procedure began last year and a final decision on joining the ERM 2, also known as the euro waiting room, is expected by the end of this procedure.

The European Central Bank (ECB) is considering what could be the best economic incentives for a possible package of measures, including a reduction in interest rates and a new buyback of bonds, to counteract concerns that growth is slower than expected, Associated Press reported.

The UK and South Korea have signed a free trade agreement today that will allow them to continue to trade freely after Brexit, scheduled for October 31st, France Press reported.

The bomb threat emails to airports and media in Bulgaria were sent by providers from Switzerland and Seychelles, the Chief Directorate for Combatting Organised Crime (CDCOC) said on August 22. A day earlier, such emails were sent to institutions in several other European countries and in Vancouver, Canada, reports BNT. 

An Irish border solution (the so-called safeguard mechanism) can be found within 30 days in order for an organized exit of the UK from the EU to be achieved. This was stated by French President Emmanuel Macron, quoted by BTA.

Macron is convinced that a decision can be reached within 30 days and stressed that the future of the United Kingdom is only in Europe.

Banks in the eurozone will get more time to set aside cash to cover for loans that have gone or will go unpaid after the European Central Bank bowed to pressure from Brussels to ease its rules on the matter.

Minister-delegate for European Affairs George Ciamba announced on a Twitter post that he discussed with European Chief Negotiator for the United Kingdom Exiting the European Union Michel Barnier about the importance of protecting the rights of the EU and Romanian citizens who are living in the UK. "Engaging phone conversation with EU's chief negotiator Michel Barnier.

52% believe that if a deal is reached, it should be voted on by a poll.
More than half of Britons support the idea of ​​a possible Brexit final referendum. This shows a poll presented on Wednesday, BTA reports.

Fitch Ratings said that it expects euro adoption in central and eastern European countries, including Bulgaria, Romania, and Croatia, to have a positive impact on their sovereign creditworthiness, reports SeeNews.