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Bulgaria must meet all Euro convergence criteria before adopting single currency: Richard Lewis

Bulgaria should join the Eurozone when it fulfills all necessary criteria, Richard Lewis from the Institute for European Studies with one of Belgium’s biggest universities told the Bulgarian National Radio on Saturday. Richard Lewis contends that a..

11.03.17 09:26 |

Press review

After the evaluation Prime Minister Ognyan Gerdzhikov made of the caretaker cabinet’s first month in office yesterday, today the country’s accession to the Eurozone is given extensive coverage by the press. Sega frontpages a headline:..

02.03.17 10:08 |

With € 24 bn. in foreign exchange reserves, National Bank with new Eurozone ambitions

The financial system in Bulgaria is so distinct that there is no other like it in Europe. A so-called currency board is in place that curbs the powers of the Bulgarian National Bank (BNB) considerably, but also exercises a rigorous..

21.01.17 07:05 |

Bulgaria could join Eurozone not earlier than three years from now

Bulgaria may join the Eurozone not earlier than two or three years from now, Deputy Prime Minister responsible for EU funds and economic policy, Tomislav Donchev, said. This is the shortest possible time as this country should wait for others before it...

07.07.16 11:20 |
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