Vasil Nanchev (1)

  • Peter Andronov: Our chances of entering ERM-2 soon are very high

    Peter Andronov: Our chances of entering ERM-2 soon are very high

    Bulgaria is ready to enter the ERM-2 and respectively the Eurozone as the country have stacked a number of years of stable figures when it comes to membership criteria for the monetary union. Furthermore, Bulgaria is among the best in the EU based on indicators like public debt. The Eurozone paid a heavy price for its political benevolence and naivety, so now the political decision goes through nothing but solid macroeconomic parameters of the applying country, Petar Andronov, Chairman of the Association of Banks in Bulgaria (ABB), says.

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