[Tubby Isaacs]

Thoughts? Quite a neat way of clipping the wings of headbangers (even Le Pen had to drop some of her wilder stuff) but I can quite easily foresee a time when Bulgaria might think they could do with lower interest rates than eg the Netherlands or a tactical devaluation. It's a heck of a call.

[Youngian]

Telling Moscow which way Bulgaria faces is a more important factor in this decision than debates about the Debt to GDP ratio. Its a good day for Europe and a bad one for Putin and Trump.

[RedSparrows]

Telling Moscow which way Bulgaria faces is a more important factor in this decision than debates about the Debt to GDP ratio. Its a good day for Europe and a bad one for Putin and Trump.

'How dare the globalists impose their views on a sovereign state, how dare NATO and the EU and *waves hands* THEM push people Westwards.'
'Can I ask why you think it is that almost every Eastern European state looks West, and not East? Could it be, oh, I don't know, the past two centuries of experience?'
'NO. IT'S THEM.'

[Tubby Isaacs]

Telling Moscow which way Bulgaria faces is a more important factor in this decision than debates about the Debt to GDP ratio. Its a good day for Europe and a bad one for Putin and Trump.

I get that, but I hope Bulgaria gets the support it needs if it gets into a rut. The Eurozone's ability to do this in the big crisis wasn't exactly impressive. If Dutch, Germans, Finns didn't fancy handing over money to Portuguese and Irish, they won't fancy doing it with Bulgaria with its corruption problems.

Public don't won't be a problem- it's arguably been kept too low, and could have done with a lot more spending on investment. But you can easily get into situations where the deficit surges. I hope the Commission is understanding if that happens.