Text size

Bulgarian legislation must adopt thе Eurozone rules

published on 6/10/20 2:18 PM

Valdis Dombrovskis

Photo: BGNES

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 on their preparations for joining the ERM II currency mechanism.

The document concludes that Bulgaria, Poland, Hungary, Croatia, the Czech Republic and Sweden meet the requirement for public finances and long-term interest rates. Croatia and Sweden meet the requirements for price stability. Yet the national legislation in none of those countries, with the exception of Croatia, is fully compatible with Eurozone rules, the report said.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria News currency ERM II euro European Commission Eurozone Valdis Dombrovskis

More from category

A new law will normalize pricing along the supply chain

The Ministry of Agriculture and Food will draft a law aimed at normalizing relations along the entire supply chain – from primary production, through processors, the distribution of primary products and food, as well as wholesale and retail trade,..

published on 2/15/25 2:50 PM

Bulgaria's cabinet holds emergency meeting on food prices

Bulgaria’s Premier Rosen Zhelyazkov convened an emergency meeting at the Council of Ministers on Saturday dedicated to the issue of food prices. On February 13, some Bulgarians participated in a boycott of food retail chains. Measures for..

published on 2/15/25 1:16 PM

Foreign Minister Georgiev: Schengen membership strengthens our capacity to manage migration

Bulgaria's Minister of Foreign Affairs, Georg Georgiev, participated in a working breakfast dedicated to addressing illegal migration and its consequences. The forum was part of Georg Georgiev’s program during the Munich Security Conference,..

published on 2/15/25 11:58 AM