European Central Bank

BoG governor on Bloomberg: The new support tool may be shelved

The new tool being promoted to shield southern European countries as interest rates may rise "not need to be used if it is strong enough to persuade investors not to try it".

This is what the governor of the Bank of Greece and member of the Board of Directors of the European Central Bank, Giannis Stournaras, said in a televised interview with Bloomberg.

ECB: The biggest issue on Romania's real economic convergence is the low per-capita income on average

The low per-capita income on average represents the biggest issue regarding Romania's real convergence in view of joining the Eurozone (EZ), however, it's not a a formal criterion for euro accession, experts with the European Central Bank (ECB) believe.

State Synergy to Support the Presentation of Bulgarian Goods and Services in China

Two state organizations - the SME Promotion Agency and the Center for the Promotion of Agricultural Co-operation between China and the Central European Central Bank (CNESC) to the Ministry of Agriculture, Food and Forestry will join forces to more effectively promotion of Bulgarian goods and services in China.

Most Optimistic Deadline for Adoption of the Euro in Bulgaria is 1 January, 2022

Bulgaria's earliest possibility to adopt the euro would be on January 1, 2022, Finance Minister Vladislav Goranov, said on 28th of January. He attended a discussion organised by the Bulgarian representation of the European Commission. European Commission Vice-President Valdis Dombrovskis was a special guest.

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