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

Valdis Dombrovskis: Bulgaria can enter the Eurozone no earlier than 2022

Photo: EPA/BGNES

European Commission Vice-President Valdis Dombrovskis stated in Riga that if Bulgaria handles its commitments without problem, then it will be given the green light for entering the European Exchange Rate Mechanism ERM II as early as the summer of this year.

He added that it will be at least another three years after that before the country can adopt the euro. The first two – for meeting the Maastricht criteria, and the third – for assessment of the results attained and for preparatory work. This means Bulgaria will be able to enter the Eurozone no earlier than 2022. 



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

Wages in tourism up 20%, says minister

The salaries of people employed in the summer tourist season have risen by 20% , according to caretaker Tourism Minister Evtim Miloshev. He told BNR that the shortage of workers in the industry was not only due to poor pay, which he said was not poor at..

published on 7/7/24 4:36 PM
Николай Денков

The proposal for a technocratic cabinet has its upsides and downsides, says former PM Nikolay Denkov

The proposal by the Democrats for a Strong Bulgaria for a technocracy has its advantages, but also its problems, which is why it should be discussed carefully, said the leader of the parliamentary group We Continue the Change - Democratic Bulgaria..

published on 7/7/24 2:01 PM
Atanas Atanasov, the leader of DSB.

Democrats for a Strong Bulgaria: PP-DB should ask for third mandate and nominate a technocratic cabinet

The Democrats for a Strong Bulgaria (DSB) party is proposing to its partners in the We Continue the Change-Democratic Bulgaria (PP-DB) coalition that they seek a third exploratory mandate and try to form a technocratic cabinet that would "guarantee the..

published on 7/7/24 12:20 PM