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

Bulgaria’s accession to ERM II to increase banks’ transparency

Commissioner Margrethe Vestager
Photo: EPA/BGNES

Bulgaria’s Premier Boyko Borissov held a phone conversation with the Executive Vice-President of the European Commission for a Europe Fit for the Digital Age and Competition Margrethe Vestager. Premier Borissov and Commissioner Vestager discussed Bulgaria’s progress on its path to the Eurozone and its accession to the ERM II mechanism. Boyko Borissov voiced confidence that Bulgaria’s accession to the Eurozone waiting room would influence positively the economic environment in this country and the common banking control will further guarantee the transparency of the Bulgarian banks. The prudent fiscal policy is one of the achievements the country can be proud of. Financial stability and discipline are among the main factors that helped Bulgaria face the Covid-19 crisis in a good condition, Premier Borissov underlined.




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

Boyko Borissov

GERB says it will only hold negotiations with the participation of party leaders on the formation of a cabinet

“ There will only be negotiations among party leaders if they are for the formation of a ruling majority and a regular government,” GERB party declared at a briefing after a meeting of GERB’s executive commission, in regard to a possible meeting..

published on 11/25/24 1:05 PM

Homeless people in Ruse to receive a free hot meal

For the 13th consecutive year, homeless people in the town of Ruse will receive a free hot meal during the winter months. The social kitchen of the Bulgarian Red Cross opens its doors again in the biggest Bulgarian city on the Danube River. It has a..

published on 11/25/24 12:02 PM

Ministry of Transport proposes the division of railway routes into three lots

Experts from the Ministry of Transport and Communications are proposing the division of Bulgarian State Railways (BDZ) into three lots. According to them, this is a first step toward a more efficient and modern railway transport system, reported..

published on 11/25/24 11:48 AM