- about us
you are being redirected to the website of our parent company, Schönherr Rechtsanwälte GmbH
On 10 July 2020 the Bulgarian lev and the Croatian kuna were included in the Exchange Rate Mechanism II (ERM II). In the short term this means that the inclusion would support the confidence and credit ratings of the two countries while in the long term – this is an important milestone in Bulgaria and Croatia's efforts to join the euro area.
On the same day, the ECB Governing Council took decisions resulting in close cooperation with Bulgaria and Croatia, marking their entry into the Banking Union.
authors: Tsvetan Krumov, Ozren Kobsa
If you want to receive a print copy of roadmap21, please register here.