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

Bulgaria only one step away from getting "green light" for Eurozone waiting room

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 for additional capital buffers. In doing so, Bulgaria will meet the requirements for applying to join the European Banking Union and ERM-2. According to Prime Minister Boyko Borissov, this is the only right course for a guaranteed way out of the crisis, "because anyone in the banking union, in the ERM-2 or in the Eurozone can use trillions of euros to recover. Who is not a member, is left to cope alone."




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

Weather forecast: Rainy Tuesday, temperatures remain above zero

On Tuesday, the weather will be predominantly cloudy with rain, more significant precipitation is in the forecast for Eastern Bulgaria. The precipitation is expected to stop in most parts after midday. Minimum temperatures 1-6° C., for Sofia around..

published on 12/9/24 6:10 PM
Кирил Петков

Acting Prosecutor-General Borislav Sarafov requests lifting of Kiril Petkov's immunity

Acting Bulgarian Prosecutor-General Borislav Sarafov has asked Parliament to lift the immunity of Kiril Petkov, an MP and co-leader of the People's Party (PP). The reason is the arrest of GERB leader Boyko Borissov in 2022, which was later declared..

published on 12/9/24 6:00 PM

Bulgaria’s full Schengen membership is on the agenda of the 12 December EU Justice and Home Affairs Council meeting

The decision to scrap Schengen border checks by land for Bulgaria and Romania has been included as the first item on the agenda of the EU Justice and Home Affairs Council meeting on Thursday, 12 December. Bulgaria joins Schengen area by air..

published on 12/9/24 3:31 PM