Ad
Bulgaria is not a euro member and not keen to be as it watches the Greece crisis, says the PM (Photo: decar66)

Bulgaria eyes Greek crisis warily

Bulgaria has been watching the crisis in neighbouring Greece - where capital controls have been in place since Monday - through wary eyes, with its PM noting that Sofia is in "no rush" to join the euro.

The central bank issued a statement saying that Greek banks’ branches - which account for less than one-fifth of the financial sector in Bulgaria - were companies established under Bulgarian law and that they cannot transfer money out of the country without central bank permission.\n \n...

Get EU news that matters

Back our independent journalism by becoming a supporting member

Already a member? Login here
Bulgaria is not a euro member and not keen to be as it watches the Greece crisis, says the PM (Photo: decar66)

Tags

Ad

Related articles

Ad