|
|
|
|
Search: 
Latin American Herald Tribune
Venezuela Overview
Venezuelan Embassies & Consulates Around The World
Sites/Blogs about Venezuela
Venezuelan Newspapers
Facts about Venezuela
Venezuela Tourism
Embassies in Caracas

Colombia Overview
Colombian Embassies & Consulates Around the World
Government Links
Embassies in Bogota
Media
Sites/Blogs about Colombia
Educational Institutions

Stocks

Commodities
Crude Oil
US Gasoline Prices
Natural Gas
Gold
Silver
Copper

Euro
UK Pound
Australia Dollar
Canada Dollar
Brazil Real
Mexico Peso
India Rupee

Antigua & Barbuda
Aruba
Barbados
Cayman Islands
Cuba
Curacao
Dominica

Grenada
Haiti
Jamaica
Saint Kitts and Nevis
Saint Lucia
Saint Vincent and the Grenadines

Belize
Costa Rica
El Salvador
Honduras
Nicaragua
Panama

Bahamas
Bermuda
Mexico

Argentina
Brazil
Chile
Guyana
Paraguay
Peru
Uruguay

What's New at LAHT?
Follow Us On Facebook
Follow Us On Twitter
Most Viewed on the Web
Popular on Twitter
Receive Our Daily Headlines


  HOME | Business & Economy (Click here for more)

Bulgarian PM Says Country Could Soon Be Joining Eurozone

SOFIA – Bulgaria’s Prime Minister Boyko Borissov highlighted on Thursday that his country could very soon be entering the eurozone as economic data had been very favorable.

As the capital Sofia geared up for the inaugural event in which Bulgaria is to take over the rotating six-month presidency of the European Union, Borissov insisted that the country’s economic situation supported its accession to the euro.

He said he was in direct contact with the president of the European Central Bank, Mario Draghi, and that they were very optimistic about Bulgaria’s chances of belonging to the common currency currently used by 19 EU member states.

According to the PM, Bulgaria’s GDP grew by 3.9 percent between November 2016-2017 and its budget deficit was 0 percent, while EU average was 1.1 percent.

Inflation is stable at 1.3 percent, against the EU average of 1.7 percent, and monthly salaries had grown by 17 percent in the last year on average.

Borissov highlighted rapid growth in sectors like software, information technology and communications.

In the last four years, some 35,000 Bulgarians living abroad have returned to the country and net emigration has fallen to around 4,000 people per year, according to official data.

 

Enter your email address to subscribe to free headlines (and great cartoons so every email has a happy ending!) from the Latin American Herald Tribune:

 

Copyright Latin American Herald Tribune - 2005-2018 © All rights reserved