Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

European Commissioner Dombrovskis: Bulgaria will soon gain admission to Eurozone waiting room, update

| updated on 4/26/18 3:34 PM
Valdis Dombrovskis (L) and Boyko Borissov
Photo: gov.bg

Bulgaria’s admission to the Eurozone waiting room is a matter of months, said for Bulgarian National TV Valdis Dombrovskis, European Commission Vice-President.

The decision on the country’s admission is up to the European Central Bank and the Eurozone countries.

Dombrovskis, who, as European commissioner is in charge of the euro and social dialogue, is in Sofia to take part in a discussion on Bulgaria’s admission to the Eurozone, economic logic vs. myths. 

At a meeting with Valdis Dombrovskis PM Borissov commented that in practice, Bulgaria has fulfilled the numerical criteria for admission to the Exchange Rate Mechanism (ERM II).

Dombrovskis commended the reduction of Bulgaria’s external debt, which reached 25.4 percent of the GDP at the end of 2017, and which ranks Bulgaria third among the EU countries with the lowest government gross debt.

Valdis Dombrovskishas also met with President Rumen Radev who has pointed out that the strategic perspective of Bulgaria is to develop its European integration and this is impossible without future accession to the Eurozone.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Between 80 and 90% of water for domestic and industrial needs is lost in Bulgaria's water transmission network

Due to the poor condition of the water transmission network, nearly half a billion cubic meters of water are irretrievably lost annually . On this occasion, Caretaker Environment Minister Petar Dimitrov called for work to improve and repair the water..

published on 11/28/24 2:15 PM
Sofia Airport

Direct flight will start operating between Sofia and Pisa as of March 2025

From March 30, 2025, a new direct flight will connect Sofia and Pisa, Italy. A statement from Sofia Airport states that the flights will be operated by the low-cost airline Ryanair and will operate three times a week - every Tuesday, Thursday and..

published on 11/28/24 2:10 PM
Yordan Ivanov

"Democratic Bulgaria" offers support for the candidacy of Silvi Kirilov for Parliamentary Speaker

The parliamentary group of Democratic Bulgaria has offered GERB-SDS and "BSP-United Left" to vote "for" the candidacy of Silvi Kirilov from ITN for the post of Speaker of the 51st National Assembly. Yordan Ivanov, MP from "We Continue the..

published on 11/28/24 1:49 PM