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

Bulgaria’s accession to ERM II to increase banks’ transparency

Commissioner Margrethe Vestager
Photo: EPA/BGNES

Bulgaria’s Premier Boyko Borissov held a phone conversation with the Executive Vice-President of the European Commission for a Europe Fit for the Digital Age and Competition Margrethe Vestager. Premier Borissov and Commissioner Vestager discussed Bulgaria’s progress on its path to the Eurozone and its accession to the ERM II mechanism. Boyko Borissov voiced confidence that Bulgaria’s accession to the Eurozone waiting room would influence positively the economic environment in this country and the common banking control will further guarantee the transparency of the Bulgarian banks. The prudent fiscal policy is one of the achievements the country can be proud of. Financial stability and discipline are among the main factors that helped Bulgaria face the Covid-19 crisis in a good condition, Premier Borissov underlined.




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

There will be fog in the lowlands.

Friday will be overcast with showers

Friday will be mostly cloudy. Fog will cover the lowlands before midday. It will rain in some places, especially in southern Bulgaria. Minimum temperatures will be between 0 and 5°C, 2°C in Sofia, and maximum between 6 and 11°C, up to 17°C in the..

published on 2/27/25 7:55 PM

Bulgarians want more order and discipline in schools, survey shows

A serious restrictive and even repressive attitude among Bulgarian society on the current issues of school education and upbringing is shown by an independent poll by the sociological agency "Myara". It was conducted between January 29 and 31, 2025..

published on 2/27/25 7:20 PM

Bulgaria has the highest share of low-wage earners in the EU

In 2022, 14.7% of workers in the EU were low-wage earners . By definition, low-wage earners are those who earn two-thirds or less of the average gross hourly wage in the country.  Bulgaria had the highest share of low-wage earners (26.84%). This..

published on 2/27/25 4:57 PM