Greek Banks in Bulgaria Are Under Control, Economy Minister Says

Business | July 9, 2015, Thursday // 12:50
Bulgaria: Greek Banks in Bulgaria Are Under Control, Economy Minister Says Photo: BGNES

There have been no record of losses incurred on account of the Greek crisis, so there should be no excessive dramatism on the topic.

The statement was made by Bulgarian Economy Minister Bozhidar Lukarski, as he was asked on his expert opinion regarding the consequences to Bulgaria of a possible Grexit, BGNES reported.

‘’The crisis in Greece has not finished and we will know what will happen on Sunday,’’ Lukarski said. ‘’ There are pluses and minuses about what is happening in Greece. Neither the advantages nor the shortcomings should take the upper hand.’’

In his words, stability of the Eurozone is important for the entire EU and for Greece as our neighbor. There have been no hits on Bulgaria’s banking system, as Greek banks are under control and have limits on transferring money to Greece, the Economy Minister assured.

He even added that trade exchange between Bulgaria and Greece is going well. It is mostly involving food products and electricity. Lukarski said that he does not expect volumes to be reduced or discontinued.  

We need your support so can keep delivering news and information about Bulgaria! Thank you!

Business » Be a reporter: Write and send your article
Tags: Bulgaria, greece, trade exchange, Grexit, bozhidar lukarski, banks
Advertisement All Are Welcome! Join Now!
Bulgaria news (Sofia News Agency - is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." (Sofia News Agency - and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria