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

Bulgaria’s accession to ERM II to increase banks’ transparency

Commissioner Margrethe Vestager
Photo: EPA/BGNES

Bulgaria’s Premier Boyko Borissov held a phone conversation with the Executive Vice-President of the European Commission for a Europe Fit for the Digital Age and Competition Margrethe Vestager. Premier Borissov and Commissioner Vestager discussed Bulgaria’s progress on its path to the Eurozone and its accession to the ERM II mechanism. Boyko Borissov voiced confidence that Bulgaria’s accession to the Eurozone waiting room would influence positively the economic environment in this country and the common banking control will further guarantee the transparency of the Bulgarian banks. The prudent fiscal policy is one of the achievements the country can be proud of. Financial stability and discipline are among the main factors that helped Bulgaria face the Covid-19 crisis in a good condition, Premier Borissov underlined.




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

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

Temperatures rise up to 37°C

Sunday will be sunny and hot. There will be weak to moderate northeasterly wind. Temperatures will continue to rise and the highest will be between 32°C and 37°C; in Sofia – around 32°C. It will be also sunny in the mountains. In..

published on 7/6/24 6:05 PM