A high-level conference titled “Building Resilience Together: Bulgaria’s ESM Membership” opens in Sofia on Friday. The Finance Ministry and the European Stability Mechanism (ESM) jointly organize the event to mark Bulgaria’s official integration into the mechanism.
The organizers said that the conference aims to provide a platform for strategic dialogue on issues related to economic and financial resilience, financial stability, competitiveness, and the future development of the Economic and Monetary Union.
Prime Minister Rumen Radev will open the forum. A discussion will take place featuring Deputy Prime Minister and Finance Minister Galab Donev and ESM Managing Director Pierre Gramegna.
The ESM is an international financial institution established by euro area countries to ensure financial stability within the monetary union. Its mission is to assist euro area countries in maintaining long-term financial stability and prosperity in times of need. The Mechanism fulfills this mission by providing loans, technical assistance, and expertise to euro area member states.
In May, Bulgaria’s Parliament ratified the Treaty Establishing the European Stability Mechanism (ESM) and its amendments in two readings during a single sitting. The Treaty establishing the ESM provides that all euro area Member States shall become members of the Mechanism following the entry into force of the Council of the European Union decision on the adoption of the euro by the respective Member State.
High-level Conference on Bulgaria’s European Stability Mechanism Membership Opens THE NEWS FROM BULGARIA – NEWS AGENCY 2009-2025 2026-09-25 05:36:55
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