Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Fabio Panetta: Bulgaria and Croatia need to improve their institutions and economies

Photo: Reuters

Bulgaria and Croatia still need to work to fix their economies and improve their institutions before joining the Eurozone, the member of the European Central Bank’s Executive Board Fabio Panetta said on Monday, Reuters reports. The reforms undertaken by both countries will not address all imbalances and vulnerabilities they face. More progress is needed to improve governance, their legal framework and the overall quality of the institutions, Fabio Panetta says further. The two countries recently joined the ERM-2, known as the Eurozone waiting room and will be able to adopt the Euro in 2023 at the earliest.




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

BOC is the only representative of Eastern Orthodoxy in Bulgaria, MPs agree

The three draft amendments to the Law on Religious Denominations received a large majority in the first reading in the National Assembly. The new texts were prompted by a decision by the Supreme Court of Cassation to register a religious organisation..

published on 1/9/25 1:54 PM

Prime Minister calls on parliament to legally regulate the status of the name of the Bulgarian Orthodox Church

The government's position is constant. The Bulgarian Orthodox Church (BOC) is one and indivisible, its unity is of particular importance for society. Taking into account the principles of the rule of law and the separation of powers,..

published on 1/9/25 11:27 AM

Vanya Stefanova еlected Deputy Prosecutor General

At the request of acting Prosecutor General Borislav Sarafov, the Prosecutors' College of the Supreme Judicial Council unanimously elected Vanya Stefanova as Deputy Prosecutor General. That is how Sarafov's deputies are now two...

published on 1/9/25 10:40 AM