Caretaker Deputy Prime Minister and Finance Minister Lyudmila Petkova, Vice President of the European Commission Valdis Dombrovskis and European Commissioner for Economy Paolo Gentiloni signed, in Luxemburg, a partnership agreement between the European Commission and Bulgaria for organizing an information campaign on Bulgaria’s changeover to the euro.
“It is an important signal to Bulgarian society and to our partners that the European institutions support Bulgaria’s road to its full integration. The government will continue to make every effort to prepare the country for accession to the Eurozone,” said Minister Petkova. The document coordinates the efforts of the Bulgarian and the European authorities for raising public awareness as the country enters and Eurozone and replaces the Bulgarian Lev with the euro.
"The example of Croatia is very important, because at the same time when there was inflation after the adoption of the euro in Croatia, in neighboring Hungary, where the forint remained and the euro was not adopted, there was higher inflation, which..
The main challenges in introducing the euro in Croatia were the weak economy and poverty of the population. This was said in an interview with the Bulgarian National Radio by Croatian MEP Gordan Bosanac from the group of the Greens/European Free..
Due to Bulgaria's accession to the eurozone, the international rating agencies Fitch Ratings and S&P Global Ratings have upgraded the country’s long-term foreign currency issuer default rating to ‘BBB+’ with a stable outlook , which is..
With record interest, Bulgaria's Ministry of Finance has successfully placed debt on international capital markets, the institution announced. Two..
Bulgaria’s Minister of Finance Temenuzhka Petkova announced that Bulgaria is expected to meet the eurozone's price stability criterion again in June...
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