Bulgaria and Croatia have joined the ERM II exchange rate mechanism and the Banking Union, and in the next 3 years the two countries will prepare for the adoption of the single European currency , the European Central Bank has announced. Thus, the euro..
Bulgaria and Croatia can join the Eurozone's "waiting room" by the end of this year. The opinion is of Fabio Panetta - a member of the board of the European Central Bank, expressed in an interview with the French newspaper Le Monde. According to him,..
The European Central Bank (ECB) and the Bulgarian National Bank (BNB) set up a swap line for EUR 2 billion. Under the agreement the Bulgarian National Bank will be able to borrow up to EUR 2 billion from the ECB in exchange for..
The finalization of the fulfillment of the criteria for entering the exchange rate mechanism ERM II may be in the next few weeks, said Bulgaria's Finance Minister Vladislav Goranov. He is adamant that now is a good time for Bulgaria to take this..
“Bulgaria is beginning close cooperation with the European Central Bank on synchronizing legislation and banking supervision for entering the ERM II mechanism,” announced at a briefing Finance Minister Vladislav Goranov. After being given a..
Bulgaria’s admission to the Eurozone waiting room is a matter of months, said for Bulgarian National TV Valdis Dombrovskis, European Commission Vice-President. The decision on the country’s admission is up to the European Central Bank and the..
