Browsing Tag

adoption

Bulgaria gears up for euro adoption amid optimism and skepticism

Bulgaria will adopt the euro on Jan. 1, retiring the lev and joining the eurozone as its 21st member in a move that promises deeper integration with the European Union and a seat at the European Central Bank’s rate-setting table. The long-awaited shift, two years after Croatia’s entry, will extend the common currency to more than 350 million people. Authorities say Bulgaria met the formal entry criteria this year, including targets on inflation, budget deficit, long-term borrowing costs and exchange-rate stability. The…

adoption of a bill on redistribution

This bill, which was adopted on Tuesday, July 20, 2021, plans to return the money embezzled by the heads of state and their relatives who are facing legal proceedings in France. The amounts donated, often several million euros, will fund development measures. Refund badly received goodstakes time it is now possible. In order…