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

Yordan Ivanov

"Democratic Bulgaria" offers support for the candidacy of Silvi Kirilov for Parliamentary Speaker

The parliamentary group of Democratic Bulgaria has offered GERB-SDS and "BSP-United Left" to vote "for" the candidacy of Silvi Kirilov from ITN for the post of Speaker of the 51st National Assembly. Yordan Ivanov, MP from "We Continue the..

published on 11/28/24 1:49 PM
MP Rosen Zhelyazkov, GERB

GERB-SDS submit request for interpretation of provisions of the Constitution

MPs from GERB-SDS have submitted a request to the Constitutional Court for interpretation of provisions of the country's basic law, BTA reported. The MPs want clarity whether when the mandate of the members of the Supreme Judicial..

published on 11/28/24 11:34 AM

Price of natural gas in Bulgaria rises by 11%

The increase in the price of natural gas in December is nearly 11 percent, which means up to nearly 39 euros per megawatt-hour, excluding taxes. This was what representatives of Bulgargaz said during the public discussion of..

published on 11/28/24 11:20 AM