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Bulgaria: premier, in ERM-2 by July
The 'waiting room' ahead of eurozone membership
25 February, 18:47
(ANSA) - SOFIA, FEB 25 - By the end of next July, Bulgaria
should enter the European Exchange Rate Mechanism (ERM-2), the
so-called 'waiting room' before entering the eurozone and the
banking Union, prime minister Boyko Borisov told the
journalists, cited by the Sofia-based media.
According to Borisov, at the end of 2019, the unemployment rate will fall below 5%, whereas the situation with regard to illegal trafficking and smuggling will be much better than now.
Bulgaria began preparations to enter the ERM-2 in July 2018.
According to the finance minister Vladislav Goranov, the country will not be able to adopt the euro until 2022. (ANSA).
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According to Borisov, at the end of 2019, the unemployment rate will fall below 5%, whereas the situation with regard to illegal trafficking and smuggling will be much better than now.
Bulgaria began preparations to enter the ERM-2 in July 2018.
According to the finance minister Vladislav Goranov, the country will not be able to adopt the euro until 2022. (ANSA).
