If Bulgaria fails to meet European Central Bank inflation targets in June, its planned accession to the eurozone in 2025 could be delayed by months, the country’s central bank governor has said.
BULGARIA
Bulgaria’s populist There Is Such a People (ITN) party has declined to try to form a new national government, paving the way for President Rumen Radev to call snap elections.
Neophyte’s burial is scheduled for Saturday and the funeral rites will be led by Istanbul-based Ecumenical Patriarch Bartholomew, the spiritual leader of Eastern Orthodox Churches worldwide, and Bulgarian clergy.
The European Union’s border agency Frontex said on Thursday it will triple the number of its officers in Bulgaria from next month to help stem the amount of people crossing into the bloc from Turkey.
A 47-year-old woman was sentenced to eight years in prison by a Thessaloniki court on Monday, for her involvement in a network scamming people via telephone.
South Korea’s Hyundai Engineering and Construction won backing from Bulgaria’s parliament on Friday to proceed with talks on building two nuclear reactors, beating out a bid from US firm Bechtel. The two had been short-listed for the engineering, construction and commissioning of units 7 and 8 at the Kozloduy nuclear plant.
Bulgaria’s euro coinage will depict two Bulgarian Orthodox saints as well as a 7th or 8th century rock relief dating found in the country’s northeast, its central bank announced on Monday.
A Greek skier died after a group of skiers was hit by an avalanche at Bulgaria’s Borovets Ski Center on the northern slopes of Rila mountain range on Monday, Bulgarian media reported.
Greek State Minister Stavros Papastavrou met with Bulgarian Finance Minister Asen Vasilev in Sofia on Monday, following an invitation by the latter, and discussed expanding collaboration in interconnectivity and networks between the two countries.
The importance of the second power grid connection between Greece and Bulgaria for the Southeast European electricity market was highlighted at the project’s formal inauguration on Friday.
Road and railroad connections were the focus of bilateral contacts between Infastructure and Transport Minister Christos Staikouras and his Bulgarian officials during a visit to Sofia on Monday.
Greece and Bulgaria agreed on Thursday to boost and speed up collaboration in interconnectivity – particularly in energy and transport.
Prime Minister Kyriakos Mitsotakis will meet on Thursday with Bulgaria’s counterpart, Nikolai Denkov, at the Maximos Mansion, to discuss transport and energy projects.
Ten people, including eight Greeks, were hospitalized after the bus they were travelling in collided with a truck in northern Bulgaria. The Romanian driver of the bus and another Romanian national are among the injured, which include six men and four women, ranging in age from 18 to 63. Their injuries are not considered to be life-threatening.
The European Investment Bank (EIB), the European Bank for Reconstruction and Development (EBRD) and the European Union announced on Tuesday a 560 million euro ($613.87 million) financing package for North Macedonia to build a railway line to neighboring Bulgaria.
Hungary will lift its objection to Bulgaria joining Europe’s passport-free Schengen zone after the Bulgarian parliament formally confirms its scrapping of an extra tax on Russian gas shipments, Foreign Minister Peter Szijjarto has said.
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