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

Fabio Panetta: Bulgaria and Croatia need to improve their institutions and economies

Photo: Reuters

Bulgaria and Croatia still need to work to fix their economies and improve their institutions before joining the Eurozone, the member of the European Central Bank’s Executive Board Fabio Panetta said on Monday, Reuters reports. The reforms undertaken by both countries will not address all imbalances and vulnerabilities they face. More progress is needed to improve governance, their legal framework and the overall quality of the institutions, Fabio Panetta says further. The two countries recently joined the ERM-2, known as the Eurozone waiting room and will be able to adopt the Euro in 2023 at the earliest.




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

Italy’s ambassador to Bulgaria Giuseppina Zarra met with Minister of Transport Grozdan Karadjov

Italy discusses European Corridor VIII from the Adriatic to the Black Sea with Bulgaria

Italy’s ambassador to Bulgaria Giuseppina Zarra met with Deputy PM and Minister of Transport Grozdan Karadjov. The two discussed bilateral cooperation in the sphere of connectivity, with a particular focus on the progress in completing European..

published on 2/7/25 9:09 AM
Minister of Innovation and Growth Tomislav Donchev and Japan's Ambassador to Bulgaria Hisashi Michigami

Bulgaria seeks Japanese investments for its presentation at Expo 2025 in Osaka

Bulgaria’s Deputy Prime Minister and Minister of Innovation and Growth Tomislav Donchev met with Japanese Ambassador to Bulgaria Hisashi Michigami, the Ministry of Innovation and Growth has announced. The two discussed the traditionally good..

published on 2/7/25 8:53 AM
Minister of Transport Grozdan Karadjov

It is still possible to save the tender for 35 new trains, transport minister says

The government has requested an urgent meeting with European Commission representatives to discuss the cancelled tender for the acquisition of 35 multiple unit trains under the recovery and resilience plan. Minister of Transport Grozdan Karadjov..

published on 2/7/25 8:34 AM