(CN) — Annual inflation in the eurozone and European Union is drifting away from a 2% goal established by the European Central Bank in 2024. According to a report released Monday by Eurostat, the annual inflation rate climbed to 2.5% in the eurozone in January and 2.8% in the broader European Union.
Thousands of supporters of Bulgaria's ultra-nationalist pro-Russian Vazrazhdane (Revival) party fought with police on February 23 as they attempted to storm the European Union mission in Sofia during a protest against the country's planned adoption of the euro.
ECB President Christine Lagarde insists this new digital dosh isn’t about snooping. Instead, she claims it’s about making Europe’s payments future-proof and less reliant on foreign giants. But when asked about privacy, the official line has been that safeguards will be in place.
In a speech delivered on February 21, 2025, at the European Parliament plenary debate on the ECB Annual Report, ECB President Christine Lagarde provided an
Bulgaria has asked the European Central Bank (ECB) and the European Commission to prepare extraordinary convergence reports on the country’s readiness to join t
The European stock markets have been exceptional this year, with both the Euro Stoxx 600 Index and the DAX repeatedly reaching new highs, despite the risks of a widening global trade war. View on euro
The anti-government protesters, chanting "Resignation" and "No to the Euro", threw red paint, firecrackers and Molotov cocktails at the EU building in the capital Sofia, setting the front door on fire before the police pushed them away.
According to an opinion poll conducted by the Bulgarian Mjara Institute at the end of January, more than half of adults (57.1 per cent) are against the introduction of the euro "in principle", while 39 per cent are in favour. Only 25.7 per cent support joining the eurozone in 2026.
SOFIA – The pro-Russian Vazrazhdane party vandalised the EU office in Sofia during its protest against Bulgaria’s possible accession to the eurozone, drawing sharp reactions from Ursula von der Leyen and all parliamentary parties. The pro-Russian party agitators threw red…
If there is no referendum, we will block the work of the National Assembly,” said Kostadinov, whose party is the third largest in parliament. Bulgaria, which joined the EU in 2007, has been plagued by political instability over the last several years.
Several thousand people rallied outside Bulgaria's central bank and the European Commission building in Sofia to protest government plans to introduce the euro as official currency.