A new tax simplification package, unveiled Wednesday by the European Commission, is designed to simplify EU tax rules and reduce compliance burdens for businesses.
Bulgaria will be ready to use the euro from 1 January 2026, as the EU Council adopted the final three legal acts required for Bulgaria to introduce the euro in 2026.
The EU Council and the European Parliament have reached a provisional agreement on new rules to make transactions in transferable securities more efficient.
The EU Commission has adopted a delegated act to postpone until 1 January 2027 the date of application of the remaining part of the Basel III international standards in the EU.
The euro was the most used currency for extra-EU exports in 2024, with a 51.7 per cent, according to figures released by Eurostat, the EU’s statistics agency.
The EU has brought out its ‘2025 European Semester Spring Package’ with country-specific recommendation offering policy guidance to EU states with the aim of strengthening competitiveness, prosperity and resilience. The…
Bulgaria has met the criteria to join the euro zone on 1 January 2026, the European Commission concludes in its 2025 Convergence Report, marking a historic step on Bulgaria’s journey towards euro adoption.
