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Government Greenlights New Law Paving Bulgaria’s Path to Eurozone Entry

The Bulgarian government has given its nod to a brand-new Law on the Bulgarian National Bank (BNB), specifically designed to facilitate Bulgaria’s seamless integration into the Eurozone. This legislation, set to replace the existing law upon the country’s adoption of the euro as its official currency, received approval during the Council of Ministers’ meeting today. The initial proposal was made available for public discussion in mid-November. …