Podcast in English
Text size
Bulgarian National Radio © 2024 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

Varna

Sunny weather expected as new week starts in Bulgaria

The weather on Monday will be mostly sunny. The northwesterly wind will weaken to moderate and gradually shift from the south. The maximum temperatures will be between 19°C and 24°C, in Sofia – about 20°C. It will be mostly sunny but windy..

published on 10/6/24 6:35 PM

Francophonie Summit in Paris points to Bulgarian model of language training as good example

At the 19th Summit of the Francophonie in Paris, the Bulgarian model of training in French and subsequent successful career on the labor market was highlighted as a very good example  in front of representatives of about 80 countries , the press..

published on 10/6/24 5:25 PM

More money for social spending in Budget 2025, says Social Minister

The social spending in the state budget for next year is expected to be increased by BGN 620 million , Caretaker Minister of Labour and Social Policy Ivaylo Ivanov told BNR. Thus, the total amount for them will amount to about BGN 3.6 billion (EUR 1.8..

published on 10/6/24 3:35 PM