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%..
Bulgaria could join the ERM II exchange rate mechanism in the first or second quarter of 2020. This was stated by the head of the European Banking Restructuring Council, Elke König. After Bulgaria’s accession to the so-called Eurozone waiting room,..
Now is the biggest debate in Bulgaria on the accession to the Eurozone. We have a clear strategic goal-full integration within the EU structures which means full membership in the Schengen Area and the Eurozone, Bulgaria’s President Rumen Radev..
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..
European Commission Vice-President Valdis Dombrovskis stated in Riga that if Bulgaria handles its commitments without problem, then it will be given the green light for entering the European Exchange Rate Mechanism ERM II as early as the summer of..
