Bulgaria can join Euro area in 2013: EP President

Bulgaria can join the Euro area in 2013. This is what President of the European Parliament Jerzy Buzek said after the meeting with the Bulgarian President Georgi Parvanov.

Expectedly the economic crisis was among the issues discussed during the meeting between the Bulgarian President and the President of the EP. According to the President of the EP despite the crisis Bulgaria has a chance to join the Euro area in three years.

Jerzy Buzek said: Bulgaria has the opportunity to join the Euro area in 2013. I would welcome such course of things.

Bulgarian President noted Buzek has assured him the cohesion policy of the European Union will be kept because it is an important element of solidarity between the member states and will give opportunity for faster equalizing of their standard.

Georgi Parvanov said: It is important for us Europe and its member states to get out of crisis stronger and to shorten the distance between the developed and new EU member states.
Jerzy Buzek has also noted after the meeting Bulgaria should have different energy resources not to get into the same position as last year, when gas deliveries have been suspended.
President Parvanov reminded Bulgaria has paid high price for the decommissioning of unit 3 and 4 of Kozloduy NPP and thanked for the support of the European Parliament over getting extra compensations at the amount of EUR 300 million.

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