Valdis Dombrovskis

EC Vice President Valdis Dombrovskis: Bulgaria Met the Requirements for Public Finances, Not Fully Compatible to Join ERM II

The European Commission has presented a report on the progress of non-Eurozone countries towards the adoption of the euro.   EC Vice President Valdis Dombrovskis said there was encouraging progress in some countries.

Estonia, Hungary and the Czech Republic Oppose the Fight Against Money Laundering in EU

A plan to boost European Union powers to curb the flow of dirty money through banks faced resistance at an EU meeting from member states recently hit by major money-laundering and financial fraud scandals, three officials told Reuters.

EC: Bulgaria is the Only Country that Meets the Criterion for the EU Budget Deficit

The Vice President of the European Commission, responsible for the economy in the interest of the people, Valdis Dombrovskis praised Bulgaria as the only country that meets the criterion for the EU budget deficit, BGNES reported.

At the same time, he added that recommendations have been made to us and 10 other Member States regarding money laundering.

EC recommends Romania to avoid implementing permanent measures endangering fiscal sustainability

The European Commission has recommended Romania to pursue fiscal policies in line with the Council's recommendation of 3 April 2020 that Romania should put an end to the present excessive deficit situation by 2022 at the latest, according to the recommendations in the European Semester Spring package released on Wednesday.

EU exec to propose 1 trln euro recovery plan with grants and loans

The European Commission will present a pandemic recovery plan next week that will exceed 1 trillion euros in a mix of grants and loans, Executive Vice President Valdis Dombrovskis said on Tuesday.

Dombrovskis, speaking after a meeting of EU finance ministers, welcomed a proposal by France and Germany for a 500 billion euro fund to disburse grants to worst-hit regions and sectors.

PM Borissov: No Country that Adopts the Euro Becomes Poorer or Weaker as a Result

"The sustained growth of GDP for years, the financial stability, the discipline of Bulgaria is highly appreciated by the European Commission." Prime Minister Boyko Borissov, who is Brussels for the negotiations on the financial framework of the European Union, said.

The European Commission to Introduce Fair Minimum Wages for Workers in the EU

The Commission presented a Communication on building a strong social Europe for just transitions. It sets out how social policy will help deliver on the challenges and opportunities of today, proposing action at EU level for the months to come, and seeking feedback on further action at all levels in the area of employment and social rights.

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