Journey.bg - Българският туристически портал
Русская версия Българска версия
Новини от бранша
Search


Subscribe

Bulgaria to introduce the Euro after 2011

Date: 27.02.2007

The Euro will probably be introduced in Bulgaria after 2011.

"It is unlikely that in the last three to four years the rate of inflation will fall below the Maastricht Criteria," said Kenneth Orchard, Moody's leading analyst for Bulgaria.

The agency revised its rating for Bulgaria from Baa3 with stable outlook to Baa3 with positive outlook. Moody's motivates its decision with Bulgaria's high budget surplus, low levels of government debt, stable GDP growth and the preparations for the introduction of the Euro.

Total views: 1 rating:
traveller's forum
No opinions






We've tried to make the information on this web site as accurate as possible, but it is provided 'as is' and we accept no responsibility for any loss, injury or inconvenience sustained by anyone resulting from this information. You should verify critical information (like visas, health and safety, customs and transportation) with the relevant authorities before you travel.


Journey Bulgaria | News | Bulgaria to introduce the Euro after 2011
© 2000-2017 Journey.bg. All rights reserved.