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

Bulgaria only one step away from getting "green light" for Eurozone waiting room

Bulgaria's Finance Minister Vladislav Goranov has confirmed that Bulgaria is continuing its plan to enter the ERM-2 exchange rate mechanism. One of the commercial banks in the country still need to comply with the European Central Bank's recommendations for additional capital buffers. In doing so, Bulgaria will meet the requirements for applying to join the European Banking Union and ERM-2. According to Prime Minister Boyko Borissov, this is the only right course for a guaranteed way out of the crisis, "because anyone in the banking union, in the ERM-2 or in the Eurozone can use trillions of euros to recover. Who is not a member, is left to cope alone."




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

Exhibition showing gold and silver treasures found in Bulgaria opens in Balchik

The exhibition "Tales of Gold and Silver" of the National History Museum, prepared for the 100th anniversary of the State Cultural Institute "Cultural Center The Palace - Balchik" (formerly the summer residence of Queen Marie of..

published on 8/5/24 6:04 PM
Raya Nazaryan

Speaker of Bulgarian Parliament refuses to be caretaker PM

"The most important thing for a caretaker prime minister is to ensure that fair and transparent elections are held and well-known political faces will not bring credibility to the process." This is what Speaker of Parliament Raya Nazaryan from GERB said..

published on 8/5/24 4:44 PM

Bulgaria faced with yet another early parliamentary election

After the parliamentary group of the ITN party returned the third mandate for forming a government unfulfilled, President Rumen Radev is continuing with the procedure of appointing a caretaker government and scheduling a seventh early parliamentary..

published on 8/5/24 2:45 PM