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

Government approves Bulgaria’s commitments for joining Eurozone

Photo: EPA/BGNES

The Borissov cabinet approved the assumption of commitments which Bulgaria must fulfil after it joins the Banking Union and ERM II, the European exchange rate mechanism which precedes accession to the Eurozone.

According to the press service announcement the commitments are in the sphere of the non-banking financial sector, administration of state-owned enterprises, the bankruptcy framework and the fight against money laundering. Negotiations are forthcoming with the European partners, including the members of the Eurogroup and representatives of Denmark. This country is expected to enter the so-called Eurozone waiting room this month. The last step before that is the capitalization of First Investment Bank with the deal for the acquisition of shares by the Bulgarian Development Bank and private investors being completed by 3 July. 



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

Dobromir Zhivkov, Market Links

Market Links: 35% of Bulgarians want election to be annulled

More than 35% of people in this country support the idea of a full annulment of the 27 October early election for parliament , indicates a national survey financed and carried out jointly by bTV and Market Links sociological agency. 26% of the..

published on 11/21/24 11:29 AM

Only 10% of pregnant underage girls in Bulgaria have an abortion

The youngest grandmother in Bulgaria is just 28, Dr. Antonio Dushepeev, head of the maternity ward at the University General Hospital in Burgas said for the BNR. 149 underage girls gave birth at the hospital last year alone, the youngest of whom was..

published on 11/21/24 9:59 AM

Bulgaria to grant WHO EUR 100,000 in aid for the civilian population in Gaza

The Council of Ministers has approved the draft of a donation agreement between the World Health Organization and Bulgaria on the provision of a voluntary contribution, amounting to EUR 100,000, in support of the activities of the organization in the..

published on 11/21/24 9:20 AM