Prime Minister Glavchev: Bulgaria on Track for Eurozone Entry by Year-End

Prime Minister Dimitar Glavchev expressed confidence that Bulgaria will meet the price stability criterion necessary for joining the Eurozone by the end of the year, allowing the country to request a new convergence report. Speaking ahead of the EU-Gulf Cooperation Council summit in Brussels, he noted, "You know that the last two reports from the Commission and the European Central Bank were in June. Once the fourth criterion—price stability—is fulfilled, we will request extraordinary convergence reports....