ПРОГРАМИ
en de ru fr es sr gr al tr ro
Podcast in English
Share
Text size
Bulgarian National Radio © 2024 All Rights Reserved

At a conference in Sofia entitled Bulgaria's European Path - Accession to the Euro Area, Benefits and Challenges for Businesses

Bulgaria's banking sector already part of euro area mechanisms, says President Radev

Dimitar Radev, Governor of the BNB
Photo: BGNES

For Bulgaria, joining the euro area is not a question of if, but when. This opinion was expressed by the Governor of the National Bank of Bulgaria (BNB), Dimitar Radev, at a conference in Sofia entitled "Bulgaria's European Path - Accession to the Euro Area, Benefits and Challenges for Businesses", organised by the Ministry of Finance. The forum was attended by Paschal Donohoe, President of the Eurogroup, who is visiting Bulgaria. 

Bulgarian National Bank (BNB) and the Bulgarian banking sector are to a large extent already part of the working mechanisms of the euro area, Bulgarian President Rumen Radev said, noting that Bulgaria is the only country in the EU that is a member of the EU Banking Union, a key institution of the euro area, without being a member of the euro zone itself. For more than a quarter of a century, he said, the country has maintained a very disciplined fiscal policy and the result is obvious - Bulgaria has the second lowest debt-to-GDP ratio in the EU. "If we continue along this path, the euro area will gain another voice of common sense in solving fiscal problems," Dimitar Radev said.

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.
Radio Bulgaria News    conference dimitar radev euro zone Paschal Donohoe rumen radev sofia

More from category

MP Rosen Zhelyazkov, GERB

GERB-SDS submit request for interpretation of provisions of the Constitution

MPs from GERB-SDS have submitted a request to the Constitutional Court for interpretation of provisions of the country's basic law, BTA reported. The MPs want clarity whether when the mandate of the members of the Supreme Judicial..

published on 11/28/24 11:34 AM

Price of natural gas in Bulgaria rises by 11%

The increase in the price of natural gas in December is nearly 11 percent, which means up to nearly 39 euros per megawatt-hour, excluding taxes. This was what representatives of Bulgargaz said during the public discussion of..

published on 11/28/24 11:20 AM

Supreme Administrative Court has once again failed to elect chair

There are no candidates for the position of chair of the Supreme Administrative Court (SAC) , BTA has reported. The plenum of the Supreme Judicial Council held a meeting in an attempt to elect head of the institution. The procedure..

published on 11/28/24 10:21 AM

WEATHER
Pick city: Sofía
Partly Cloudy
Min: 1 | Max: 13
Mostly Cloudy
Min: 2 | Max: 11
Mostly Cloudy
Min: 2 | Max: 10
Cloudy
Min: 4 | Max: 8
Partly Cloudy
Min: 3 | Max: 11
Mostly Cloudy
Min: 0 | Max: 12
Mostly Cloudy
Min: 1 | Max: 10
Mostly Cloudy
Min: -3 | Max: 11
Mostly Cloudy
Min: -1 | Max: 13
Mostly Cloudy
Min: -1 | Max: 9
Mostly Cloudy
Min: 2 | Max: 10
Partly Cloudy
Min: 4 | Max: 9
Mostly Cloudy
Min: 0 | Max: 11
Mostly Cloudy
Min: 0 | Max: 10
Mostly Cloudy
Min: 3 | Max: 10
Mostly Cloudy
Min: -2 | Max: 10
Mostly Cloudy
Min: 2 | Max: 8
Mostly Cloudy
Min: 2 | Max: 10
Mostly Cloudy
Min: -1 | Max: 10
Partly Cloudy
Min: 2 | Max: 10
Mostly Cloudy
Min: -2 | Max: 7
Mostly Cloudy
Min: 1 | Max: 9
Partly Cloudy
Min: -2 | Max: 11
Mostly Cloudy
Min: -2 | Max: 8
Partly Cloudy
Min: -1 | Max: 11
Mostly Cloudy
Min: -2 | Max: 10
Partly Cloudy
Min: -2 | Max: 11
BULGARIA IN PICTURES
Which world-famous Bulgarian artist designed QSL cards for Radio Bulgaria?
Yasen Gyuzelev
Theodore Ushev
Christo Javacheff - Christo
Ilia Peikov
Lika Yanko

BULGARIANS ABROAD

Български English Русский Deutsch Српски Français Ελληνικά Español Shqip Türkçe Română
MOST VIEWED

The decision for the full membership of Bulgaria and Romania in Schengen has been drafted

According to unofficial information, the Hungarian Presidency of the Council of the EU has drafted a decision for the full admission of Bulgaria and..

published on 11/26/24 6:17 PM

Bulgaria's President opens business forum in Ho Chi Minh during his Vietnam visit

At the opening of a business forum in Ho Chi Minh City during his official visit to Vietnam, Bulgarian  President Rumen Radev pointed out that Bulgaria..

published on 11/27/24 1:46 PM

BNR, BNT and BTA awarded for best media partnership in support of tourism in Bulgaria

The Bulgarian Hotel and Restaurant Association (BHRA) presented its annual awards for professional achievements in the field of tourism. The Bulgarian..

updated on 11/27/24 10:02 AM

english@bnr.bg

+359 2 9336 661

Общи условия за използване на сайта | Политика за поверителност | Политика за "бисквитки"