Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Results of bank stress tests - crucial for Bulgaria's path to ERM II

Photo: BTA

At the annual meeting of business with the government in Bulgaria EC Vice-President Valdis Dombrovskis presented positive results of euro area membership to Bulgarian. Dombrovskis has pointed out that cooperation with Bulgarian authorities was very good and the country had good fiscal policy and macroeconomic indicators.

However, Bulgaria is expected to improve overall governance in the financial sector, as well as to work for overcoming poverty and social exclusion. Commissioner Dombrovskis pointed out that the outcome of the stress tests in the banking system in July 2019 will be decisive for Bulgaria’s path to ERM II. According to the EU Commissioner, Eurozone membership is a guarantee for stability and a secure way to ensure a better business environment, which would help Bulgaria attract more foreign investors.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Atanas Atanasov

PP-DB want prime minister to tell the parliament why snipers are guarding Boyko Borissov’s home

The parliamentary group of PP-DB will insist for a hearing of the caretaker Prime Minister and the Minister of the Interior in the National Assembly over the reasons for increasing the level of protection of the chairman of GERB,..

published on 6/25/24 9:00 AM

The Armenian community in Burgas presents its traditional dishes

The Armenian community in Burgas will present its traditional dishes at 10:30 am on June 25 in the Ethno-kitchen of the Ethnographic Museum at 69 Slavyanska Street. The event is part of the project "Old Burgas through the Eyes of Dr. Melkonyan". The..

published on 6/25/24 6:05 AM

Hot weather persists

On Tuesday it will be mostly sunny before noon, with light to moderate east-northeasterly winds in the afternoon.  Maximum temperatures will be between 31°C and 36°C, around 31°C in Sofia. In the mountains it will be sunny in the morning ...

published on 6/24/24 7:05 PM