Belgian MEP Johan Van Overtveldt has emphasized the need for Belgium’s next Federal Government to be formed promptly after the October municipal elections. The key challenges for negotiators before October include addressing contentious issues such as budget allocations and political power distribution. Delayed negotiations pose a threat to Belgium’s 2025 budget, with formator Bart De Wever overseeing the negotiations, although no major decisions are expected before the municipal elections.
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Bulgaria to join Eurozone in 2026
The European Commission has approved Bulgaria's entry into the Eurozone, set for 2026, making it the 21st country to adopt the euro. Prime Minister Rosen Zhelyazkov emphasized that this decision, following years of political instability and the fulfillment of inflation criteria, will enhance economic stability and investment fundamentals. Despite opposition from populist groups and calls for a referendum, EU officials believe Bulgaria's accession signifies a strengthening of both the nation’s and the Eurozone's economic standing....
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