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Parliament agrees on Bulgaria’s entering negotiations on European Financial Pact

28. January 2012. | 06:40

Source: BNR

The National Assembly consented on Bulgaria’s participation in the negotiations and contracting of the Agreement for stability, coordination and management within the Economic and monetary union, but under certain conditions.

The National Assembly consented on Bulgaria’s participation in the negotiations and contracting of the Agreement for stability, coordination and management within the Economic and monetary union, but under certain conditions.

One of these conditions is the participation of this country not to entail financial obligations and engagements for harmonizing tax policy with negotiation EU countries.

The decision envisages BULGARIA to implement the regulations of Part Three of the agreement after ratification on the part of the National Assembly, but to implement the agreement in its entity starting from the date of the country’s entering the Euro zone.

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