• Home
  • Contact
  • Submit a News Release
Wednesday, July 9, 2025
  • Login
No Result
View All Result
NEWSLETTER
Mainland Times — Breaking Continental European News
  • Climate
  • Business
  • Economy
  • Europe
  • Health
  • Education
  • Society
  • Sport
  • World
  • Climate
  • Business
  • Economy
  • Europe
  • Health
  • Education
  • Society
  • Sport
  • World
No Result
View All Result
Mainland Times — Breaking Continental European News
No Result
View All Result
Home Europe

Bulgaria could adopt euro in January 2023

Michael Sanders by Michael Sanders
12/12/2021
in Europe
Bulgaria could adopt euro in January 2023
13
VIEWS

Euro adoption in Central and Eastern European countries would be positive for their sovereign creditworthiness, according to ratings agency Fitch.

However, the agency believes that the earliest euro adoption could take place is January 2023 for Bulgaria and January 2024 for Croatia, assuming these countries are successful in meeting European Exchange Rate Mechanism (ERM II) criteria and then the wider convergence criteria.

Bulgaria formally started the ERM II process in July 2018 and a decision on whether it can join is expected by the end of 2019. Croatia applied to join ERM II in early July 2019.

Romania has also expressed interest in joining ERM II but there is currently no formal timetable in place.

The prospects of euro adoption in Hungary, Poland and the Czech Republic in the foreseeable future meanwhile remain remote, with little political willingness and in some cases very low public support for euro membership.

Recommended

Republican congressman refuses to cooperate with Capitol attack panel

Republican congressman refuses to cooperate with Capitol attack panel

4 years ago
Upstream action: Northvolt produces first cells, sodium-ion startup acquired by India’s Reliance

Upstream action: Northvolt produces first cells, sodium-ion startup acquired by India’s Reliance

4 years ago

Popular News

  • The Top European Online Media Outlets: A Guide to Trusted News Sources

    The Top European Online Media Outlets: A Guide to Trusted News Sources

    0 shares
    Share 0 Tweet 0
  • HIT-NOT reduces forklift accidents and increases safety in logistics

    0 shares
    Share 0 Tweet 0
  • Migom Bank’s Unprecedented Growth: A Look at the Past, Present, and Future

    0 shares
    Share 0 Tweet 0
  • Boop! The Musical: Box Office Bomb Might be Closing Soon

    0 shares
    Share 0 Tweet 0
  • JeraSoft Celebrates 20 Years of Trusted Connections

    0 shares
    Share 0 Tweet 0

Newsletter

Subscribe and receive the latest news to your email.

SUBSCRIBE

Category

  • Business
  • Climate
  • Economy
  • Education
  • Europe
  • Health
  • Latest
  • Society
  • Sport
  • World

Site Links

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org

About Us

Mainland Times is an independent online outlet that publishes socially relevant news taking place on the European continent. Mainland Times aggregates news from several sources, and also provides coverage through a network of local correspondents.

  • Home
  • Contact
  • Submit a News Release

© 2021 All rights reserved.

No Result
View All Result
  • Home
  • Europe
  • Economy
  • Health
  • Climate
  • Climate
  • Business
  • Sport
  • Education
  • Society
  • World

© 2021 All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In