Bulgaria will not lift the currency board which pegs the Bulgarian lev to the Euro, the governor of the Bulgarian National Bank Dimitar Radev said. This topic has never been discussed during the talks with the European financial institutions,..
Half of the Bulgarians are against the introduction of the Euro as an official currency, 19% of them said this country should become part of the Eurozone and 31% of the Bulgarian nationals are undecided, a survey of Trend sociological agency shows. 54%..
Bulgaria could join the ERM II exchange rate mechanism in the first or second quarter of 2020. This was stated by the head of the European Banking Restructuring Council, Elke König. After Bulgaria’s accession to the so-called Eurozone waiting room,..
Now is the biggest debate in Bulgaria on the accession to the Eurozone. We have a clear strategic goal-full integration within the EU structures which means full membership in the Schengen Area and the Eurozone, Bulgaria’s President Rumen Radev..
Adopting the euro in Bulgaria will discipline the banking system and will bring down interest rates , said Prime Minister Boyko Borissov at the 13 th annual meeting between businesses and the government, dedicated to Bulgaria’s entry into the..
European Commission Vice-President Valdis Dombrovskis stated in Riga that if Bulgaria handles its commitments without problem, then it will be given the green light for entering the European Exchange Rate Mechanism ERM II as early as the summer of..
The European Central Bank has chosen to check six of Bulgaria’s biggest banks as part of the procedure for this country’s accession to the European Banking Union and the ERM II Mechanism (Eurozone’s waiting room). According to publications in Mediapool..
In an interview for the Bulgarian National Radio, World Bank CEO Kristalina Georgieva commented that Bulgaria’s entry into the Eurozone will not lead to any significant rise in prices. She added that as it moves towards the monetary union, the..
“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..
