News tagged "eurozone"
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Bulgaria C-Bank Deputy Governor Sees No Rush on Euro
The Currency Board is doing a good job in Bulgaria. We will hardly see any rush to join the eurozone in the short term, central bank Deputy Governor Kalin Hristov said at a financial seminar in Sofia.
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Bulgaria to Launch ERM II Bid after European Economy Stabilizes
Bulgaria will wait for the stabilization of the European economy before launching its bid to join the Eurozone through ERM II, Bulgaria PM Boyko Borisov announced Saturday.
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Commissioner Georgieva: Bulgaria Stable on Euro Track
Even though the bar for accession to the Eurozone will probably be raised, Bulgaria has fair chances to join, Bulgarian EU Commissioner Georgieva believes.
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'Euro Father' Mundell: Greek Issues Won't Hurt Bulgaria Eurozone Bid
The financial problems in Greece will not interfere with Bulgarias accession to the Eurozone, according to the father of the euro, Professor Robert Mundell.
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Bulgaria FinMin Goes to Crucial for Euro Bid Ecofin
Bulgaria's finance minister is heading Thursday for Madrid where his colleagues from the other EU member states will consider and assess the country's convergence program, crucial for its decision how long to keep on hold plans to join the eurozone.
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Bulgaria Decides on Euro Ambitions End-Week
Bulgaria will decide how long it will have to keep on hold plans to join the eurozone after the meeting of EU finance ministers later this week, which will consider and assess the country's convergence program.
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Rightist Allies Slam Bulgaria Rulers for Giving Up Euro Bid
The rightist Democrats for Strong Bulgaria party has criticized the Borisov government for its decision to back out of applying for the Eurozone waiting room, the ERM II, in 2010.
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Bulgaria deficit revision delays euro ambitions
Bulgaria 's Prime Minister says his country has put on hold plans to join the eurozone after sharply revising up its 2009 budget deficit to 3.7 percent of annual output.
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Bulgaria delays eurozone application as deficit doubles
(SOFIA ) - Bulgaria 's public deficit for 2009 will be almost double the figure that had been expected, Finance Minister Simeon Djankov said Friday, adding that Sofia would not apply for the eurozone waiting room as a result.
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Greece Ambassador to Bulgaria Praises New EU Financial Support Mechanism
The new mechanism for financial support agreed upon recently by the EU leaders signals a new era for the EU and the Eurozone, according to Greek Ambassador to Bulgaria , Danai-Magdalini Koumanakou.
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Bulgaria Eurozone Dreams Wrecked by Hidden Budget Deficit (Novinite.com)
Bulgaria?s hidden budget deficit may ruin Bulgaria?s dreams of joining the eurozone, Bulgaria PM Boyko Borisov reported Saturday. Borisov, speaking at the extraordinary meeting of the Bulgarian Medical Association , said that if the BGN 2,12 B in contracts, including those signed by the previous government for energy projects such as the Belene Nuclear Power Plant and Tsankov Kamak, are not ...
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Bulgaria Eurozone Dreams Wrecked by Hidden Budget Deficit (Novinite.com)
Borisov said that Bulgaria?s application to join the eurozone is very important as it gives the country a safety net. Photo by Sofia Photo Agency
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EU Tougher Rules "Dim" Bulgaria's Euro Hopes (Novinite.com)
Countries must be members of ERM II for two years before they can formally join the eurozone. Bulgaria has so far believeed that it could be ready for euro entry by 2013. Photo by EPA/BGNES
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Ex Bulgaria PM Backs Govt Eurozone Entry Push (Novinite.com)
Ex Bulgaria PM Sergey Stanishev has backed the current center-right GERB government?s attempts to join ERM II and eventually the eurozone.
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Brussels Thumbs Up Cheers Euro Hopeful Bulgaria (Novinite.com)
The European Commission assessment of Bulgaria's three- year fiscal plan is one of the few positive, which boosts the country's chances of joining the eurozone waiting-room ERM II, insiders from Brussels have commented.
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Greece's Eurobank EFG: Bulgaria Needs Tight Policy for ERM II (Novinite.com)
The Greek crisis has triggered fears about the stability of the eurozone and concerns that it may end up foiling Bulgaria's aspirations to join the euro in three years, despite the country's budgetary rigor.
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Bulgaria President: Euro Adoption Political Issue (Novinite.com)
Bulgaria's accession to the eurozone is primarily a political issue, the country's president said in Brussels after conferring with Belgium's Prime Minister Yves Leterme.
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Buzek: Bulgaria Euro Adoption in 2013 Mission Possible (Novinite.com)
Bulgaria's aspirations to join the euro in three years may be rewarded, according to the European Parliament president. ?Bulgaria has the opportunity to become member of the eurozone in 2013. I would welcome this kind of development,? Jerzy Buzek said after meeting the Bulgarian president.
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Bulgaria Set to Apply for ERM 2 by July (Novinite.com)
Amid growing fears that Bulgaria's aspirations to join the euro soon may be foiled, the country's finance minister has assured officials from the International Monetary Fund that membership in the Eurozone waiting room remains top priority.
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RGE Monitor: EU to Stay Cool on Giving Bulgaria the Euro (Novinite.com)
The Greek crisis has triggered fears about the stability of the eurozone and concerns that it may end up foiling Bulgaria's aspirations to join the euro in three years, despite the country's budgetary rigor.
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