Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Bulgaria could join Eurozone "waiting room" by June 2020

Photo: EPA/BGNES

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, Bulgarian banks would start contributing to the European Restructuring Fund, which is part of the council, led by König, as it would have to approve the restructuring plans of Bulgarian banks. This procedure is mandatory and provides a buffer in the event of negative developments.



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

Freezing temperatures expected in most regions of Bulgaria on Friday

On Friday, the minimum temperatures in Bulgaria will be between - 20°C and - 5°C. In Sofia, it will be around minus 13°C.  During the day, it will be mostly sunny. There will be a weak, in the eastern regions to moderate wind from the..

published on 2/20/25 7:35 PM

Hackers claim they have data from the Supreme Administrative Court

Hacker group Ransomhouse announced on its website that it has data leaked from the information systems of the Supreme Administrative Court. As evidence, documents with lists of names and personal data of employees, as well as various documents have..

published on 2/20/25 6:38 PM

Bulgarian producers want more farmers' markets

The situation in the country illustrates the urgent need for the state to create conditions for holding more farmers' markets, where farmers can sell their produce directly to consumers. This was stated by the Bulgarian Farmers' Union in connection..

published on 2/20/25 5:31 PM