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Commissioner Dombrovskis: Low incomes are not obstacle to Bulgaria's joining ERM-2

Photo: BGNES

The low incomes cannot stop Bulgaria join the ERM-2 mechanism (also known as the Eurozone’s waiting room) and later the Eurozone, Valdis Dombrovskis, the European Commission Vise-President for the Euro and Social Dialogue, also in Charge of Financial Stability, Financial Services and Capital Markets Union told the Bulgarian National Radio. The accession to the ERM-2 and the Eurozone mainly depends on the European Central Bank and the ERM-2 member countries, Commissioner Dombrovskis added. Bulgaria may enter the ERM-2 mechanism within 12 months, Valdis Dombrovskis went on to say.




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