Valdis Dombrovskis

Bulgaria is likely to join the ERM II currency mechanism a few months later than the announced deadline of the end of April. This was what European Commission Executive Vice President Valdis Dombrovskis said in an interview with the BNR.

Prime Minister Ludovic Orban continues his three-day visit to Brussels on Wednesday. Prime Minister Ludovic Orban is meeting on Wednesday with European Parliament President David Sassoli and afterwards the two officials are to hold a joint press conference.

The difference between the estimates of the government and the eurozone on Greece's fiscal gap in 2020 is constantly shrinking, with government sources now speaking of a difference amounting to just 350 million euros, down from 1 billion euros when the mission chiefs concluded their visit to Greece last month.

As European Union growth slows, European commissioners signaled in written answers to EU lawmakers published on Friday their preferred measures to revive the economy, with the commissioner-designate for taxation, Paolo Gentiloni, pushing for fiscal leeway and Commission Vice President Valdis Dombrovskis calling for a "responsible fiscal policy."

On the occasion of the first anniversary of Greece's exiting its third and final austerity program Tuesday, the European Commission urged the country to continue its efforts to put its finances right, lower the still "unacceptably high" unemployment and heal the social fissures that resulted from the lengthy financial crisis.

Greece's Finance Ministry rushed to assuage concerns over the numerous handouts and tax cuts announced by the government in the run-up to the country's elections, after the European Commission expressed fears over a possible fiscal derailment.

Romania loses on the competitiveness front and we are also concerned with the country's current account deficit which might affect the convergence efforts, European Commission's Vice President in charge of Euro and Social Dialogue, Financial Stability, Financial Services and Capital Markets Union Valdis Dombrovskis told a conference on Thursday.

Bulgaria's earliest possibility to adopt the euro would be on January 1, 2022, Finance Minister Vladislav Goranov, said on 28th of January. He attended a discussion organised by the Bulgarian representation of the European Commission. European Commission Vice-President Valdis Dombrovskis was a special guest.

The Greek 2019 budget is compatible with the EU's Stability and Growth Pact, Commission Vice President Valdis Dombrovskis said on Monday, arriving at the Eurogroup meeting in Brussels.

Eurozone finance ministers will discuss, among other ssues, the draft budgets of member-states.

He also said Greece will achieve its target for a primary surplus of 3.5 percent next year.

The European Commission ratified on Wednesday last month's Eurogroup decision on Greece's post-bailout framework, approving the activation of the enhanced surveillance to begin from August 21. Its aim - as opposed to a "clean exit" - is to secure the implementation of reforms from the third program and ensure that Athens sticks to the pledges it has made.