Today the Bulgarian National Bank (BNB) and the Economic and Social Council (ESC) signed a Memorandum of Cooperation. The document was signed during an official ceremony at the Central Bank by the Governor of BNB Mr. Dimitar Radev and the President of ESC Ms. Zornitsa Rusinova.
The signing was attended by the BNB sub-governors Petar Chobanov and Radoslav Milenkov and the deputy chairmen of ESC Plamen Dimitrov, President of the KCSS, and Bogomil Nikolov, Executive Director of the Bulgarian National Association “Active Consumers”, and as a representative of the Employers Group in ESC – Rumen Radev, Chairman of AICB.
The signing of this memorandum on Europe Day, May 9, is significant for its objectives, namely: two prestigious institutions in the country to develop their partnership in the process of Bulgaria’s accession to the euro area, BNB Governor Dimitar Radev said. We see ESC as the broadest platform of employers, trade unions and consumer organisations in the country with which we are cooperating for the successful introduction of the euro. Our common understanding is that this is not just a monetary reform, but a process with deep and long-term economic, social and political dimensions that will accelerate the modernisation of the country and the improvement of people’s well-being, Dimitar Radev stressed.
This memorandum is extremely important for us. We are signing it with one of the main participants in the euro adoption process – the BNB, with which we have proven over time that we can successfully cooperate. We will rely on the BNB’s expertise for many of the initiatives we will organise as part of the euro area accession communication activities. I believe that this cooperation will benefit the citizens of the country and will give much more clarity on all the questions that are being asked and, of course, will be a good basis for its further development, said the President of ESC, Ms Zornitsa Rusinova.
After the official signing ceremony a meeting was held between the management of ESC and the BNB, during which future initiatives were discussed, similar to today’s discussion on the occasion of Europe Day – 9 May – on the topic “What will be the effect of Bulgaria’s entry into the Eurozone on young people?” with a focus on education, income and job prospects.
