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..
This is the time for the Balkans to demonstrate common sense and to prove to Europe that they do not generate problems and are a good place to invest, said PM Boyko Borissov at the annual government meets business meeting taking place in Sofia...
Bulgaria's entry into the Eurozone could turn it into a bridge between Europe and the Middle East and a model for the Western Balkan countries. This was what Dimitar Brankov, Deputy Chairman of the Bulgarian Industrial Association (BIA) and a..
Bulgarian Minister of Finance Vladislav Goranov told foreign reporters in Sofia that he expected Bulgaria to apply for membership in the Eurozone waiting room mechanism known as ERM-2 by July. Reuters recalled that talks with the European..
Representatives of Bulgarian businesses are not excited by the prospects they are presented with by the Bulgarian Presidency of the Council of the European Union. Businesses are in two minds where Bulgaria’s accession to the Eurozone is..
Jorg Decressin, who heads the mission of the International Monetary Fund (IMF) in Bulgaria, has assessed the situation of Bulgarian economy as a good and has voiced approval for Bulgaria's intentions to join the mechanism preceding Eurozone membership...
Kristalina Georgieva, Chief Executive Officer of the World Bank stated for bTV that Bulgaria, which is now a member of the EU, can be a bridge for its neighbours to the EU. The World Bank CEO added that she expected this country to enter the..
