Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Report to assess Bulgaria's progress towards Eurozone's "waiting room"

Photo: @VDombrovskis

At the beginning of 2019, a report on the progress of Bulgaria on the road to the euro-zone waiting room - the ERM II Currency Mechanism, will be prepared. This was said by EC Vice president Valdis Dombrovskis in Brussels, where the 20th anniversary of the single European currency was celebrated.

He pointed out that Bulgaria was currently implementing the roadmap agreed in July, which places 6 conditions for the country to join the ERMII mechanism. The Commissioner said that Bulgaria has marked the biggest progress in the process, followed by Croatia. At the beginning of 2019, reviewing the assets of six leading banks in Bulgaria will take place. This is mandatory before the European Central Bank takes over the direct supervision of part of the Bulgarian banking system.




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

Атанас Пеканов

Losing €8bn under RRP a huge mistake, former deputy prime minister for EU funds warns

Bulgaria has given up the fight for reforms and investments under the Recovery and Resilience Plan (RRP), former caretaker deputy prime minister for EU funds Atanas Pekanov told BNR. He said that Nikolai Denkov's government had made a serious mistake by..

published on 7/7/24 11:20 AM
Патриарх Даниил

Patriarch Daniil has called for healing of rift between Orthodox churches

The new Bulgarian Patriarch, Daniil, has spoken out in favour of reconciliation within the Orthodox churches. "There is a broken communion between some Orthodox churches, which we should try to overcome," he said in response to a question from the..

published on 7/7/24 9:57 AM

Children will compete in the first "Sofia Bicycle Show" in the capital’s Zapaden Park

The first youth cycling festival "Sofia Bicycle Show", organized by "Sofia - World Capital of Sports" will take place today in the renovated Zapaden Park in the capital city. Children will compete on a completely safe and..

published on 7/7/24 8:30 AM