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Bulgaria in ERM II – what's next?

At the backdrop of protests against and in support of the government, somehow the important topic of Bulgaria's accession to the ERM II mechanism and the banking union as a step towards its future entry into the eurozone remained in the..

13.07.20 14:43 |
European Central Bank

Bulgaria enters Eurozone "waiting room"

Bulgaria and Croatia have joined the ERM II exchange rate mechanism and the Banking Union, and in the next 3 years the two countries will prepare for the adoption of the single European currency , the European Central Bank has announced. Thus, the euro..

10.07.20 20:06 |
Valdis Dombrovskis

Bulgarian legislation must adopt thе Eurozone rules

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..

10.06.20 14:18 |

Debate for and against the euro in Bulgaria must be based on facts

Dnevnik online newspaper carries an analysis by the Institute for Market Economics, according to which the exchange rate mechanism is, above all a political act, and is, therefore, thoroughly unpredictable at this time. Over public..

24.02.20 15:18 |

Results of bank stress tests - crucial for Bulgaria's path to ERM II

At the annual meeting of business with the government in Bulgaria EC Vice-President Valdis Dombrovskis presented positive results of euro area membership to Bulgarian. Dombrovskis has pointed out that cooperation with Bulgarian authorities was very..

29.01.19 18:45 |

PM Borissov: Who is afraid of the introduction of the euro and why?

Adopting the euro in Bulgaria will discipline the banking system and will bring down interest rates , said Prime Minister Boyko Borissov at the 13 th annual meeting between businesses and the government, dedicated to Bulgaria’s entry into the..

29.01.19 12:19 |

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

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..

04.12.18 14:16 |

Fitch confirm Bulgaria's long-term and short-term credit rating

The Bulgarian Ministry of Finance has reported that Fitch rating agency has confirmed Bulgaria's long-term and short-term credit rating BBB in foreign and domestic currencies with stable prospects. The agency recognizes that the..

17.11.18 11:45 |

Petition for referendum against introduction of euro in Bulgaria collects 220,000 signatures

The Vuzrazhdane ( Revival) non-parliamentary party declared that it had collected more than 220,000 signatures on its petition for holding a referendum against the introduction of the euro in Bulgaria. There are still four days to go until..

19.07.18 12:17 |

IMF: We support Bulgaria’s bid for entering currency mechanism prior to euro introduction

The International Monetary Fund supports Bulgaria's efforts to join the currency mechanism that stands prior to introduction of the euro. This was stated by the Head of Mission of the Fund for Bulgaria Jörg Decressin. He pointed out that joining the..

14.12.17 15:00 |
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