Bulgaria has taken an important step closer to joining the eurozone. In convergence reports on Wednesday, the European Commission and the European Central Bank (ECB) certified the Balkan country’s compliance with the Maastricht criteria. Bulgaria’s relevant legislation is in line with EU law, its public finances are sound, and stability in prices and exchange rates has been maintained. At his press conference in Brussels, EU Economic Affairs Commissioner Valdis Dombrovskis spoke of a „historic moment for Bulgaria“ and of its „best investment in the future.“