News tagged "waiting room"
Sources :
YahooNews
The Bulgaria 2010 Review: Finance
Bulgaria's Finance Minister Simeon Djankov. Photo by BGNES Bulgaria's center-right government revived its plans to apply to join the bloc's exchange-rate mechanism, the so-called Eurozone waiting room, after it was forced to drop the euro bid in April this year over a larger than expected 2009 deficit.
More >>
Bulgaria and the Eurozone
Bulgaria's center-right government revived its plans to apply to join the bloc's exchange-rate mechanism, the so-called Eurozone waiting room, after it was forced to drop the euro bid in April this year over a larger than expected 2009 deficit.
More >>
(AFX UK Focus) 2010-05-26 11:15 UPDATE 1-Bulgaria set to apply for ERM-2 entry in 2011
BUCHAREST, May 26 (Reuters) - Bulgaria plans to apply for the pre-euro ERM-2 waiting room next year, Finance Minister Simeon Djankov said on Wednesday. "We can't apply for ERM-2 this year, we have to wait. But starting with January 1 of next year we are ready to move. Our intention is to apply next year," Finance Minister Simeon Djankov said but did not elaborate. In April, Bulgaria was forced ...
More >>
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.
More >>
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.
More >>
Bulgaria Gives up Euro Bid on Hidden Deficit
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.
More >>
(AFX UK Focus) 2010-04-09 12:52 UPDATE 1-Bulgaria drops euro preparations on hidden deficit
SOFIA, April 9 (Reuters) - Bulgaria dropped plans on Friday to apply to join the pre-euro ERM-2 waiting room because of a larger than expected 2009 deficit caused by unaccounted procurement deals in the European Union's poorest nation. Prime Minister Boiko Borisov, whose centre-right GERB party came to power last July, said the previous Socialist-led government had signed dozens of deals which ...
More >>
FinMin: Bulgaria Euro Adoption in 2010 Mission Impossible
Bulgaria 's aspirations to join the bloc's exchange-rate mechanism, the so-called Eurozone waiting room, will not be rewarded this year, the finance minister has admitted....
More >>
Roubini: Bulgaria Euro Adoption Likely in 2014 Earliest (Novinite.com)
European Union member Bulgaria will not manage to restore its economic growth before 2011 and can only see its aspirations for joining the bloc's exchange-rate mechanism, the so-called eurozone waiting room, the same year at the earliest, according to analysts at Roubini Global Economics.
More >>
Bulgaria Euro Craze Dooms It to Recession - German Analyst (Novinite.com)
Bulgaria has weak chances for joining the bloc's exchange-rate mechanism, the so-called eurozone waiting room, and making this top priority dooms it to a recession, a German analyst has commented.
More >>
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.
More >>
Bulgaria's ERM II Dreams ???Dimmed??? (Novinite.com)
Bulgaria is weakening its chances for joining the bloc's exchange-rate mechanism, the so-called Eurozone waiting room, and can adopt the single currency no earlier than 2015, an analyst says.
More >>
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.
More >>