site.btaEmployer and Trade Union Organizations Object Against Idea about Euro Referendum

NW 17:51:31 11-02-2020
LN1759NW.113
113 ECONOMY-EMPLOYERS-EUROZONE-STATEMENT

Employer and Trade Union Organizations
Object Against
Idea about Euro Referendum


Sofia, February 11 (BTA) - In a statement on Tuesday the nationally representative employer organizations and trade unions objected against attempts to manipulate the public through campaigns for a referendum on the adoption of the euro.

The organizations said that the idea goes counter to Bulgaria's EU accession treaty under which the country is obliged to join the ERM II and adopt the euro.

The amendments to article 29 of the Bulgarian National Bank Act, requested by the European Central Bank in the course of the negotiations, eliminated the last legal obstacle to Bulgaria's entry to ERM II and the eurozone.

At the same time they support fully the decision of the National Assembly which mandated the government to remove the country from the ERM II mechanism if a different exchange rate between the lev and the euro is proposed.

The business and trade union organizations are ready to participate in the negotiations on Bulgaria's accession to ERM II and the eurozone so that information is delivered promptly and accurately to the citizens that they represent.

Last week Vesselin Mareshki, leader of the parliamentary Volya party and Kostadin Kostadinov of the extra parliamentary Vazrazhdane party called for a referendum on the adoption of the euro citing a survey which shows that 58 per cent of Bulgarians are against Bulgaria's entry to the eurozone. RI/PP

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