Bulgarian Business Club Newspaper

Posts tagged with the keyword: ‘Eurozone’

Poland Favors EU Treaty Change to Rescue Eurozone

Poland Favors EU Treaty Change to Rescue Eurozone

The Polish EU Presidency has stated Tuesday it backs the initiative of German Chancellor Angela Merkel and French President Nicolas Sarkozy to forge new rules to secure the financial stability of the EU. Poland, who is EU‘s rotational presiding member state until the end of 2012, will back all efforts to rescue the eurozone, said [...]

Bulgarian FinMin: Eurozone Could Be Extinct in 6 Months

Bulgarian FinMin: Eurozone Could Be Extinct in 6 Months

Very bad things happened in the last few months in Europe, which imposed changes in Bulgaria’s fiscal policy, says Deputy Prime Minister and Finance Minister, Simeon Djankov. Speaking in an interview for the TV channel bTV Tuesday morning, Djankov responded to criticism that he had made promises for more funding to different sectors earlier and [...]

Traikov on CNBC: Euro Zone Will Survive, Bulgaria Wants In

Traikov on CNBC: Euro Zone Will Survive, Bulgaria Wants In

Bulgaria still wants to join the euro zone despite recent predictions that the single currency will collapse, Traicho Traikov, Bulgaria’s Economy Minister, told CNBC on Thursday. “I know now it’s fashionable to predict the end of the monetary union, but I think common sense will still dominate and it is going to survive. Of course, [...]

Juncker: Bulgaria Must Join Schengen ASAP

Juncker: Bulgaria Must Join Schengen ASAP

Bulgaria has done a wonderful job in meeting Schengen criteria and must join the free movement area as soon as possible, stated Luxembourg PM Jean-Claude Juncker, who is on a visit to Bulgaria Wednesday. In Varna, Juncker met his Bulgarian counterpart Boyko Borisov to discuss Bulgaria’s perspectives as an EU member, as well as bilateral [...]

Juncker in Bulgaria: No Eurozone Recession in the Offing

Juncker in Bulgaria: No Eurozone Recession in the Offing

I cannot see the eurozone risking a second recession, stated Luxembourg PM and Eurozone President Jean-Claude Juncker on an official visit to Bulgaria Wednesday. “The truth is that growth in the eurozone has slowed down, but that is due to external factors and does not warrant a new recession,” said the Eurozone president. He nevertheless [...]

Bulgarian FinMin Focuses on ‘Financial Stability Pact’, Leaves Euro Bid Aside

Bulgarian FinMin Focuses on ‘Financial Stability Pact’, Leaves Euro Bid Aside

Bulgaria‘s Finance Minister Simeon Djankov plans to dedicate all of his efforts to the passing of Constitution amendment guaranteeing stable state finances, known as the “Financial Stability Pact.” The measures termed “Financial Stability Pact” were first announced by Djankov on February 8 at a lecture at the New Bulgarian University in Sofia following the US [...]

Advertisement