Bulgaria to apply for Eurozone entry

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(VOVWORLD) - Bulgarian Prime Minister Boyko Borissov said Bulgaria will most likely apply to join the euro zone on July 14. 
 Bulgaria to apply for Eurozone entry  - ảnh 1 Bulgarian Prime Minister Boyko Borissov (Photo: Reuters)

Bulgaria is pushing on with its bid to join while it holds the rotating European Union presidency and enjoys the political support of the European Commission. PM Borissov said the Finance Minister will discuss the details of the bid with his counterparts in the Eurogroup on July 14. Bulgaria meets the nominal criteria to adopt the euro with low inflation and healthy public finances, but its economic output per capita is only about just half the EU average, he added.