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

Bulgaria hopes to enter Eurozone waiting room by July

Photo: BTA

Bulgaria’s Development Bank will finance up to 70% of the capital increase of First Investment Bank, the Bulgarian cabinet decided. The acquisition of shares in FiBank is extremely important for Bulgaria on its path to the Eurozone, Premier Borissov explained. The capital shortfall in FiBank was seen during a stress test of the European Central Bank when Sofia applied to join the Eurozone waiting room (ERM 2). Later, Fibank will buy off its shares from the state and pay interest for the credit, Premier Borissov contends. The aim of the operation is to help Bulgaria join ERM 2 by July this year, Boyko Borissov said further.




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

Dr. Tatyana Dolomanzhi

Five out of seven paediatricians leave Sofia city hospital

Five out of seven paediatricians at the capital's Fifth Multiprofile Hospital for Active Treatment "Knyaginya Klementina" have submitted their resignations over low salaries, said Dr Tatyana Dolomanzhi, a resident doctor at the health facility. The doctors,..

published on 4/14/25 1:43 PM

Finance Ministry: We do not finance salaries in municipal companies

“The Ministry of Finance does not finance salaries of employees in municipal and private companies , but activities specified in the State Budget Act, the Road Transport Act and the Regulation on the terms and procedure for providing funds for..

published on 4/14/25 11:08 AM

Embassy of Ukraine opens electronic book of condolences for the tragedy in Sumy

The Ukrainian Embassy in Bulgaria has created an electronic book of condolences for the tragedy that took place on Palm Sunday in the city of Sumy. At least 34 people were killed in a Russian ballistic missile strike in the center of the city..

published on 4/14/25 10:40 AM