Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Finance Minister mandated to apply for membership of the European Banking Union

Photo: eu2018bg.bg

“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 government mandate to submit an application for membership of the European Banking Union, Minister Goranov stated that there is accord with the Eurozone countries that Bulgaria should be admitted to ERM II simultaneously with its admission to the Banking Union. Vladislav Goranov said he expected admission to ERM II to take place in mid-2019 after Bulgaria meets the commitments it has assumed. 



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Bulgaria to request convergence report for the eurozone by the end of the month

Bulgaria has received encouraging signals at the Eurogroup meeting. "The country has made even greater progress in fulfilling the price stability criterion," said European Commissioner for the Economy Valdis Dombrovskis. When..

published on 2/18/25 8:59 AM

No Bulgarian citizens injured in Toronto plane crash

The Consulate General of Bulgaria in Toronto announced that it has organized a crisis headquarters and is monitoring the situation with the plane crash at Pearson Airport in the Canadian city. A plane from Minneapolis to Toronto..

published on 2/18/25 8:53 AM

US has asked Bulgaria whether it would send troops to Ukraine

The decision to send troops to Ukraine is an exclusive prerogative of the parliament. This is stated in the position of the Ministry of Foreign Affairs, following a request made by the US to European countries. Questions about..

published on 2/18/25 8:43 AM