Bulgaria to Join the ERM II Currency Mechanism Later than the Announced Deadline

Business » FINANCE | February 20, 2020, Thursday // 19:07
Bulgaria: Bulgaria to Join the ERM II Currency Mechanism Later than the Announced Deadline www.pixabay.com

Bulgaria is likely to join the ERM II currency mechanism a few months later than the announced deadline of the end of April. This was what European Commission Executive Vice President Valdis Dombrovskis said in an interview with the BNR.

Dombrovskis has confirmed that Bulgaria would enter the currency mechanism and the Eurozone with its current exchange rate of 1 euro for 1.95583 BGN.

 

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

Finance » Be a reporter: Write and send your article
Tags: ERM II, deadline, Valdis Dombrovskis

Advertisement
Advertisement
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) 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." Novinite.com (Sofia News Agency - www.sofianewsagency.com) 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