Merkel and Macron Hand Boost to Bulgaria's Euro Aspirations
- PM Borissov received support in visits to Germany, France
- Balkan nation wants to be sixth ex-communist euro-area member
Bulgaria's National Assembly.
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Courting support at the heart of the European Union for its plan to adopt the euro, Bulgaria scored successes in Germany and France, where appetite for integration has been reawakened following the defeat of populists in key elections.
Chancellor Angela Merkel and President Emmanuel Macron both said they’d back the Black Sea nation’s efforts to swap the lev for the common currency. They told Prime Minister Boyko Borissov during his trips to Berlin and Paris that they’d help Bulgaria enter the ERM-2 exchange-rate mechanism, the precursor to joining the euro area.