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Employers present their expectations for 2021

Bulgaria's accession to the Organization for Economic Cooperation and Development, the Schengen area and the Eurozone is a priority of the Association of Bulgarian Employers' Organizations for 2021. At a general press conference, the..

25.01.21 16:38 |

Chief banker forecasts entry into Eurozone in 2024

On January 1, 2024, Bulgarians will most likely shop using euros, the governor of the Bulgarian National Bank Dimitar Radev predicts , quoted by Bloomberg TV Bulgaria. The country's entry into ERM 2 will accelerate the process of convergence..

21.12.20 13:31 |

Experts discuss Bulgaria’s accession to Eurozone

At an international conference at the University of National and World Economy in Sofia today economists, financiers, bankers and researchers from this country and abroad will be discussing “Bulgaria in the Eurozone – opportunities and challenges”...

16.10.20 06:10 |
Valdis Dombrovskis

Commission’s Executive Vice President Dombrovskis follows latest events in Bulgaria

The European Commission’s Executive Vice President for An Economy the Works for People Valdis Dombrovskis said he was following closely the protests in Bulgaria . However, Valdis Dombrovskis added that he would not make direct link between..

14.07.20 16:58 |

Fabio Panetta: Bulgaria and Croatia need to improve their institutions and economies

Bulgaria and Croatia still need to work to fix their economies and improve their institutions before joining the Eurozone, the member of the European Central Bank’s Executive Board Fabio Panetta said on Monday , Reuters reports. The reforms..

13.07.20 14:05 |

Eurozone countries ready to support Croatia and Bulgaria to enter ERM-2: Reuters

The Eurozone countries are ready to support Croatia and Bulgaria to enter ERM-2, also known as the Eurozone’s waiting room, an early stage on the path to membership of the euro currency, Reuters informs citing high-ranking sources in the EU. The..

09.07.20 13:49 |

Government approves Bulgaria’s commitments for joining Eurozone

The Borissov cabinet approved the assumption of commitments which Bulgaria must fulfil after it joins the Banking Union and ERM II, the European exchange rate mechanism which precedes accession to the Eurozone. According to the press service..

01.07.20 19:47 |

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

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,..

16.06.20 18:46 |
Commissioner Margrethe Vestager

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

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..

12.06.20 09:00 |

Due to ERM-2, the Bulgarian state acquires 26% of a private bank

The Bulgarian state and an anonymous party participated in the auction for 110 million securities, which allow raising 100 million euros from First Investment Bank - Fibank. The capital increase is a condition for Bulgaria to apply for the waiting..

11.06.20 20:21 |
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