European Central Bank
Bulgaria can join the ERM II exchange rate mechanism in the first or second quarter of 2020. This was stated by the head of the European Banking Restructuring Council, Elke König. The leading institution in the process is the European Central Bank, with its response expected in mid-summer or early fall, BNR reports.
In what was seen as a clear sign that Greece is regaining the confidence of international markets, investors on Wednesday bought its short-term debt at a loss.
According to the Public Debt Management Agency, Greece sold 13-week treasury bills at a yield of -0.02 percent, raising 487.5 million euros.
Greek Prime Minister Kyriakos Mitsotakis will meet with outgoing European Central Bank President Mario Draghi on Wednesday at Maximos Mansion, according to government spokesman Stelios Petsas who briefed journalists on Tuesday.
On Thursday (October 3), the prime minister will attend a part of the annual "Parmenion" military exercise in Alexandroupolis.