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

Bulgaria’s accession to ERM II to increase banks’ transparency

Commissioner Margrethe Vestager
Photo: EPA/BGNES

Bulgaria’s Premier Boyko Borissov held a phone conversation with the Executive Vice-President of the European Commission for a Europe Fit for the Digital Age and Competition Margrethe Vestager. Premier Borissov and Commissioner Vestager discussed Bulgaria’s progress on its path to the Eurozone and its accession to the ERM II mechanism. Boyko Borissov voiced confidence that Bulgaria’s accession to the Eurozone waiting room would influence positively the economic environment in this country and the common banking control will further guarantee the transparency of the Bulgarian banks. The prudent fiscal policy is one of the achievements the country can be proud of. Financial stability and discipline are among the main factors that helped Bulgaria face the Covid-19 crisis in a good condition, Premier Borissov underlined.




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

No significant change in temperatures to be expected

On Wednesday minimum temperatures will range between 13 and 18° C., for Sofia 15° C. During the day the weather will be predominantly sunny with scattered middle and high clouds. There will be isolated showers in the mountains. There will be a..

published on 9/9/25 6:35 PM

IMF mission to visit Bulgaria in September

An International Monetary Fund mission will visit Bulgaria as part of its annual review of the country’s economy , the Fund said in a statement. The team, led by Fabian Bornhorst, will be in Sofia from 10 to 23 September 2025 for regular..

published on 9/9/25 6:19 PM

A Bulgarian delegation has visited Kyiv at the invitation of President Zelensky

A Bulgarian delegation recently visited Kyiv at the invitation of President Volodymyr Zelensky , Ukraine’s ambassador to Sofia Olesya Ilashchuk said on Monday. The group, made up of Solomon Passy, Velizar Shalamanov, Ivan Anchev, Maxim Behar, Todor..

published on 9/9/25 6:03 PM