Text size

ECB's Fabio Panetta: Bulgaria might join ERM-2 by the end of the year

published on 6/16/20 6:46 PM

Photo: Archive

Bulgaria and Croatia can join the Eurozone's "waiting room" by the end of this year. The opinion is of Fabio Panetta - a member of the board of the European Central Bank, expressed in an interview with the French newspaper Le Monde. According to him, "the first available window for the two countries to join the Eurozone" is in 2023.

I recall that the goal of Sofia and Zagreb is to receive a positive response to join ERM II in July. For this to happen, the state has announced that it will participate in the acquisition of a stake in First Investment Bank in order to overcome the latest challenge on the road to the banking union.

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

Radio Bulgaria News Croatia European Central Bank Eurozone Fabio Panetta Le Monde waiting room Zagreb

More from category

122 years since the outbreak of the Ilinden-Preobrazhenie uprising

The 122 nd anniversary of the outbreak of the Ilinden-Preobrazhenie uprising will be marked on 2 August in the locality Predela with a flower and wreath laying ritual at the monument Ilinden. Razlog municipality has announced that the ritual will..

published on 8/2/25 7:05 AM

The Union of Thracian Societies commemorates the Ilinden–Preobrazhenie Uprising

In the village of Slaveyno near Smolyan, the Union of Thracian Societies in Bulgaria is organizing a National Gathering-Pilgrimage on August 2 and 3. The festival is dedicated to the 122nd anniversary of the Ilinden–Preobrazhenie Uprising and the 145th..

published on 8/2/25 5:35 AM

Temperatures begin to rise over the weekend

On Saturday minimum temperatures will range between 15 and 23° C., for Sofia 15° C. During the day the weather will be predominantly sunny, cumulus clouds will form around and after midday. There will be rain and thunder mostly in the mountain..

published on 8/1/25 6:35 PM