Text size

Bulgarian legislation must adopt thе Eurozone rules

published on 6/10/20 2:18 PM

Valdis Dombrovskis

Photo: BGNES

The European Commission has presented a report on the progress of non-Eurozone countries towards the adoption of the euro. EC Vice President Valdis Dombrovskis said there was encouraging progress in some countries. He congratulated Croatia and Bulgaria on their preparations for joining the ERM II currency mechanism.

The document concludes that Bulgaria, Poland, Hungary, Croatia, the Czech Republic and Sweden meet the requirement for public finances and long-term interest rates. Croatia and Sweden meet the requirements for price stability. Yet the national legislation in none of those countries, with the exception of Croatia, is fully compatible with Eurozone rules, the report said.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria News currency ERM II euro European Commission Eurozone Valdis Dombrovskis

More from category

PM Zhelyazkov heads the Bulgarian delegation at the funeral of Pope Francis

Prime Minister Rosen Zhelyazkov will lead the Bulgarian delegation to the funeral of Pope Francis in Rome , Italy, the Cabinet’s press office announced. The delegation also includes Deputy Prime Minister and Minister of Transport and Communications..

published on 4/26/25 8:05 AM

24 May declared Bulgarian Heritage Day in Las Vegas for the third year in a row

May 24 will be declared Bulgarian Heritage Day by the Mayor of Las Vegas, Shelley Berkley, Bulgaria's Consulate General in Los Angeles announced. The official meeting between the new mayor of the largest and most popular city in the state of Nevada..

published on 4/26/25 7:55 AM

More afternoon showers over the weekend

On Saturday lows will be between 5 and 10°C, around 7°C in Sofia. Before noon it will be mostly sunny and calm. In the afternoon there will be isolated showers and thunderstorms. Maximum temperatures will be between 20 and 25°C, around 21°C in the..

published on 4/25/25 7:05 PM