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

Scientists bring back live fish from Antarctica

Kristiyan Vladov and Stefan Kyurkchiev of the Plovdiv Museum of Natural History are working on a project to bring live fish from the southern Arctic Circle to Bulgaria . The aim is to create an Antarctic aquarium in Plovdiv, where visitors - from..

published on 2/16/25 2:04 PM

Defence minister Zapryanov (L) takes part in the 61st Munich Security Conference, which opened on Friday.

EU accepts Bulgaria's proposal on defence modernisation spending

A procedure will be introduced to exclude military expenditure from the inflation index, Bulgarian Defence Minister Atanas Zapryanov announced in Munich, BTA reported. Speaking at the Security Conference, the minister said that Bulgaria had been..

published on 2/16/25 11:33 AM

President Radev calls for stronger EU security and urges North Macedonia to implement Consensus 2022

Addressing the crises facing the EU requires strengthening Europe's global competitiveness and ensuring security, President Rumen Radev said during a meeting with European Council President António Costa at the Munich Security Conference...

published on 2/16/25 10:39 AM