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Europe Daily Bulletin No. 12011

28 April 2018
ECONOMY - FINANCE - BUSINESS / Eurozone
Pierre Moscovici advises against rushing Bulgaria's accession to Eurozone
Brussels, 27/04/2018 (Agence Europe)

Upon his arrival at the Eurogroup meeting in Sofia on Friday 27 April, Pierre Moscovici, the European Commissioner for Economic and Financial Affairs, said that Bulgaria would be the next member of the Eurozone, but called for its accession not to be rushed, to ensure successful integration.

“If we rush too much, then we create an accession to the euro which is not perfect”, the Commissioner said. Moscovici stressed the need for Sofia to meet the convergence and Exchange Rate Mechanism...

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