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Bulgaria will apply for accession to ERM 2 by end of April: Premier Borissov

Bulgaria will apply for accession to the ERM 2 mechanism by the end of April, this country’s Premier Boyko Borissov said in the town of Haskovo, South Bulgaria. Premier Borissov voiced regret that the application for this mechanism has been delayed..

10.04.20 13:57 |
Wladislaw Goranow

Haushaltsdefizit von über 1,5 Milliarde Euro Ende 2020 erwartet

Finanzminister Wladislaw Goranow zeigte sich zuversichtlich, dass die Coronavirus-Krise Bulgarien nicht daran hindern würde, dem Wechselkursmechanismus II und der Eurozone beizutreten. Er räumte jedoch ein, dass die Prozesse verzögert werden..

20.03.20 17:14 |

Debate for and against the euro in Bulgaria must be based on facts

Dnevnik online newspaper carries an analysis by the Institute for Market Economics, according to which the exchange rate mechanism is, above all a political act, and is, therefore, thoroughly unpredictable at this time. Over public..

24.02.20 15:18 |
BICA President Vasil Velev

Bulgaria’s accession to Eurozone’s waiting room must become national priority: BICA President Vasil Velev

Bulgaria’s business insists on quick accession of this country to the Eurozone’s waiting room, the President of the Bulgarian Industrial Capital Association (BICA) Vasil Velev said in an interview for the Bulgarian National Radio. BICA contends that..

21.02.20 10:27 |

Bulgaria’s Parliament synchronizes Currency Act with requirements for accession to Eurozone

Bulgaria’s National Assembly adopted on second reading amendments to the Currency Act which amends the Law on the Bulgarian National Bank. The amendments are related to the requirement for entry in the so-called Eurozone Waiting Room ( Exchange Rate..

06.02.20 11:00 |

Bulgaria will not lift the currency board which pegs the Lev to the Euro

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,..

28.01.20 12:06 |

Bulgarians expect referendum on introduction of Euro as official currency

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%..

28.01.20 11:02 |

Bulgaria could join Eurozone "waiting room" by June 2020

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,..

11.10.19 15:11 |

President Radev: Bulgaria should make comprehensive risk assessment in connection with its Eurozone accession

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..

31.01.19 18:51 |

PM Borissov: Who is afraid of the introduction of the euro and why?

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..

29.01.19 12:19 |
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