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..
Bulgaria can join the "Eurozone waiting room" (the ERM II exchange rate mechanism) in July if it fulfills the last condition, European Commission Vice President Valdis Dombrovskis told the BNR. Although Bulgaria was the first to express interest in ERM..
Joining ERM2 and the Banking Union is the only rescue step for Bulgaria, Prime Minister Boyko Borissov said and added he was sure about this, especially if the Covid-19 crisis continued. PM Borissov recalled that common banking control was a..
Bulgaria's Finance Minister Vladislav Goranov has confirmed that Bulgaria is continuing its plan to enter the ERM-2 exchange rate mechanism. One of the commercial banks in the country still need to comply with the European Central Bank's recommendations..
Bulgaria will apply for accession to the ERM 2 mechanism by the end of April, this country’s Premier Boyko Borissov said in the town of Haskovo, South Bulgaria. Premier Borissov voiced regret that the application for this mechanism has been delayed..
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..
Bulgaria’s business insists on quick accession of this country to the Eurozone’s waiting room, the President of the Bulgarian Industrial Capital Association (BICA) Vasil Velev said in an interview for the Bulgarian National Radio. BICA contends that..
Bulgaria’s National Assembly adopted on second reading amendments to the Currency Act which amends the Law on the Bulgarian National Bank. The amendments are related to the requirement for entry in the so-called Eurozone Waiting Room ( Exchange Rate..
Bulgaria will not lift the currency board which pegs the Bulgarian lev to the Euro, the governor of the Bulgarian National Bank Dimitar Radev said. This topic has never been discussed during the talks with the European financial institutions,..
Half of the Bulgarians are against the introduction of the Euro as an official currency, 19% of them said this country should become part of the Eurozone and 31% of the Bulgarian nationals are undecided, a survey of Trend sociological agency shows. 54%..
