28 November 2025 | 15:03
In his speech, the president pointed out that Bulgaria highly values its relations with Iraq, which is an important partner in the Middle East region
NEWS
President Rumen Radev Talks with Eurogroup President
2022-12-01 18:44:00
President Rumen Radev today held a telephone conversation with Paschal Donohoe, President of the Eurogroup, which brings together the finance ministers of the euro area.
The actions taken by the caretaker government in Bulgaria to ensure macroeconomic and financial stability in the context of the crisis, as well as the implementation of the National Plan for the introduction of the euro in Bulgaria, were the focus of the conversation. Achieving not only nominal but also sustainable convergence of this country with the other EU member states were also among the highlights of the discussion.
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Taking advantage of their geostrategic position, Bulgaria and Georgia have the potential to deepen their connectivity in various areas such as transport, energy, and the digital sector, which will contribute to promoting the economy, investment, and prosperity in the Black Sea region. This was stated by President Rumen Radev, who held a meeting with the Speaker of the Parliament of Georgia, Shalva Papuashvili.
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The two were unanimous that restoring peace in Europe through diplomacy is a priority for the EU and the only way to ensure the long-term security and stability of the Old Continent.
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The President recalls that the institution of the Special Commercial Administrator (SCA) was introduced by an Act adopted in 2023, which also established a number of safeguards against potential abuse and arbitrariness — safeguards of the kind already adopted in other European states faced with similar circumstances, with the objective of minimising the risk of subsequent financial claims against the State