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Eurozone countries and their waiting room will receive billions from the ECB to recover from the coronavirus crisis, while those outside the mechanism will have to borrow at high interest rates. Therefore, Bulgaria will reapply for ERM2 in late April. Prime Minister Boyko Borisov said in Haskovo.
Before the pandemic began, he announced that our country would “slow down” on the road to the eurozone after media reports emerged about the risk of renegotiating the exchange rate between the lev and the euro to the detriment of our currency. .
“I can do a lot of criticism for myself. I didn’t have to lean as much when we walked with so much confidence to the waiting room in the euro zone. Trillions grant recovery from the ECB, but for which countries? (…) we may have given up, but we decided to be slower to convince people, “says Borisov.
According to him, there is only one condition for compliance in Bulgaria and there is already work on it.
When asked if the World Bank would negatively affect the recession, the Prime Minister indicated that he had discussed the issue with the leaders of the European Central Bank and with the European Commission.
Photo:
btvnovinite.bg
“Bulgaria for the euro area waiting room has long been a topic for all my colleagues. Denmark has been in the waiting room for 20 years. We will overcome the crisis, if this happens, let us not think where to raise the money for recovery “Borisov noted.
He added that a new debt has not yet been issued, although parliament has allowed the government up to 10 billion: “We had more than 10 billion in the fiscal reserve and with this fat we are currently living as a state. The debt that the NA has allowed us if they run out of money and it is not for pensions, police, doctors, nurses, the army: we have where to get money, so that it does not become what it was 96-97 “.
About Radev – (almost) no comment
Borisov is visibly upset with the question of how he will comment on yesterday’s interview with President Rumen Radev on bTV. The prime minister insisted that he was attacked by the head of state, who, in turn, gave no ideas to deal with the crisis.
The Prime Minister also accused the Head of State of lying about the conversation between the two before the veto on the texts of the State of Emergency Law and on the measures discussed.
“Bulgaria was not prepared for the crisis. They compare me to Germany and Singapore, the highest ranked countries in the world!” Boyko Borisov protested.
