Cause and Effect in European Politics and Law

Bulgaria started lobbying for the euro area

euinside, February 2, 2010

Bulgarian deputy prime minister and minister of finance Simeon Dyankov has started a tour around the euro area, aimed at gathering support for Bulgaria's admission to the single currency. His first meeting was today with the prime minister of Luxembourg Jean-Claude Juncker who is also a president of the Eurogroup, the Ministry of Finance of Bulgaria reported. The visit coincided with the official presentation of Bulgaria's Convergence programme for the period 2009-2013 in Brussels. This is a strategic document, outlining the major aspects of the preparation of the country for joining the ERMII. The programme was approved by the government last week.

The press release of the ministry also says that Mr Dyankov has informed the premier of Luxembourg with the reforms in Bulgaria in the last 6 months and has given him a copy of the Convergence programme, outlining all future reforms. According to the press release Mr Juncker has advised his guest to study Slovakia's application because its economic structure was very similar to Bulgaria's. Slovakia joined the single currency on the 1st of January 2009.

From the web page of the government of the Great Dukedom we could learn that the meeting between the two took place in the hotel of "Bourgogne". In inly 3 lines it is reported that the talks were on actual European affairs in the field of economy and finance.

On the 3rd of February deputy prime minister Dyankov will meet in Berlin with the German finance minister Wolfgang Scheuble.

The Euro Area
Angela Merkel, Emmanuel Macron | © Council of the EUAngela Merkel, Emmanuel Macron | © Council of the EU
From Deauville to Meseberg or How Euro Area Reform Is Evolving*
Benoit Coeure | © Council of the EUBenoit Coeure | © Council of the EU
Bulgaria Entered a Schengen Mode for the Eurozone Too
Pierre Moscovici | © Council of the EUPierre Moscovici | © Council of the EU
Normalisation of Growth in the Euro Area or Dark Clouds?