Bulgaria Gives up Euro Bid on Hidden Deficit
[Apr 09, 2010] [via YahooNews]Bulgaria's center-right government abandoned plans on Friday to apply to join the bloc's exchange-rate mechanism, the so-called Eurozone waiting room, over a larger than expected 2009 deficit caused by unaccounted procurement deals, signed by the previous Socialist-led cabinet.
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Tags : bloc | bulgaria | exchange rate mechanism | procurement | s center | waiting room
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