At a meeting on Thursday 12 July, the finance ministers of the Eurozone countries welcomed Bulgaria's hopes of joining the exchange rate mechanism (ERM II) and Banking Union. Sofia must now follow through on several commitments made on the financial, economic and political fronts.
This discussion follows a letter sent on 3 July by Vladislav Goranov, the Bulgarian finance minister, to several senior European figures, expressing Bulgaria's intention of joining ERM II and Banking Union, with a...