Text size

ECB's Fabio Panetta: Bulgaria might join ERM-2 by the end of the year

published on 6/16/20 6:46 PM

Photo: Archive

Bulgaria and Croatia can join the Eurozone's "waiting room" by the end of this year. The opinion is of Fabio Panetta - a member of the board of the European Central Bank, expressed in an interview with the French newspaper Le Monde. According to him, "the first available window for the two countries to join the Eurozone" is in 2023.

I recall that the goal of Sofia and Zagreb is to receive a positive response to join ERM II in July. For this to happen, the state has announced that it will participate in the acquisition of a stake in First Investment Bank in order to overcome the latest challenge on the road to the banking union.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria News Croatia European Central Bank Eurozone Fabio Panetta Le Monde waiting room Zagreb

More from category

Bulgarian Ombudsman demands a mechanism for deletion from the Central Credit Register

Bulgaria's Ombudsman Velislava Delcheva proposed to the Bulgarian National Bank to amend Regulation 22 on the Central Credit Register, so that an interested individual can request deletion of information about indebtedness from the register after his..

published on 8/12/25 11:32 AM

According to Eurostat, Bulgarians are third in the EU in terms of longevity and good health, but is that true?

Bulgaria is ranked in third place in terms of longevity and good health among 30 European countries, according to Eurostat. According to data for 2023, Bulgarians live an average of 68.6 years in good health. Only people in Malta and Italy are ahead of..

published on 8/12/25 10:53 AM

Renowned Bulgarian Prof. Nikola Altankov has passed away at the age of 93

On August 10 in Sofia, at the age of 93, Prof. Nikola Altankov passed away . His life was marked by trials and dedication to the Bulgarian cause, which did not prevent him from being an eternal optimist for the future of his homeland. At the age..

published on 8/12/25 10:23 AM