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

European Commissioner Dombrovskis: Bulgaria will soon gain admission to Eurozone waiting room, update

| updated on 4/26/18 3:34 PM
Valdis Dombrovskis (L) and Boyko Borissov
Photo: gov.bg

Bulgaria’s admission to the Eurozone waiting room is a matter of months, said for Bulgarian National TV Valdis Dombrovskis, European Commission Vice-President.

The decision on the country’s admission is up to the European Central Bank and the Eurozone countries.

Dombrovskis, who, as European commissioner is in charge of the euro and social dialogue, is in Sofia to take part in a discussion on Bulgaria’s admission to the Eurozone, economic logic vs. myths. 

At a meeting with Valdis Dombrovskis PM Borissov commented that in practice, Bulgaria has fulfilled the numerical criteria for admission to the Exchange Rate Mechanism (ERM II).

Dombrovskis commended the reduction of Bulgaria’s external debt, which reached 25.4 percent of the GDP at the end of 2017, and which ranks Bulgaria third among the EU countries with the lowest government gross debt.

Valdis Dombrovskishas also met with President Rumen Radev who has pointed out that the strategic perspective of Bulgaria is to develop its European integration and this is impossible without future accession to the Eurozone.




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

Turbot quota for Bulgaria up by 10%

Over the next four years, the allowed catch for turbot in Bulgaria will be within the range of 82.5 tons. This is 10% more compared to the current allowed catch, the Ministry of Agriculture and Food says. The same quota has been set down for Romania..

published on 11/8/24 12:15 PM

ITN has collected more signatures than necessary for approaching the Constitutional Court for a partial annulment of the election

There Is such a People (ITN) has collected 67 signatures and are submitting a complaint to the Constitutional Court for the partial annulment of the election for parliament on 27 October 2024. At a press conference in the National Assembly..

published on 11/8/24 11:59 AM
Atanas Ilkov

Caretaker Interior Minister Atanas Ilkov blames National Theatre director for escalation of tensions at last night’s protest

The protest in front of the National theatre was pre-announced and more than 60 law enforcement officers were dispatched to secure the theatre building, caretaker Interior Minister Atanas Ilkov said in an interview with public service TV BNT. After..

published on 11/8/24 10:40 AM