Boyko Borisov

Bulgaria’s hopes to adopt the euro took a blow

Bulgaria’s hopes to adopt the euro took a blowAccording to the local media Bulgaria's hopes of adopting the euro currency in three years took a blow from EU and banking officials in Brussels.

The Sofia News Agency said that Bulgarian Prime Minister Boyko Borisov met with European Central Bank President Jean-Claude Trichet, German Chancellor Angela Merkel and French President Nicolas Sarkozy.

The report further says that however, Borisov said he believes Bulgaria's hopes of using the euro are being affected by the political and economic turmoil in neighboring Greece.

Anti-corruption campaigner to be Bulgaria's new justice minister

Boyko BorisovSofia  - Prime Minister-designate Boyko Borisov has named the head of a special unit investigating frauds with EU funds as Bulgaria' new justice minister, local media reported Monday.

Margarita Popova's nomination came just two days before the EU Commission releases a report on Bulgaria's fight against corruption and organized crime.

Last year, the European Union blocked 500 million euros (711 million dollars) worth of aid to Bulgaria because of persistent corruption. Bulgaria joined the EU in 2007.

Borisov, whose GERB party won a majority in July 5 elections, is expected to present his full cabinet sometime this week.(dpa)

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