Saturday, May 20, 2006

BgEU: Buy

Current price:
bid 91, ask 92, last 92
Due date:
1 January 2011
Recommendation:
Buy.
Comment:
Last week, the European Commission gave a «qualified yes» to Bulgaria and Romania to join the European Union on 1 January 2007. The final decision is postponed until October later this year, but if the two countries don't join the European Union in 2007, they will probably join in 2008, still long before the deadline of 1 January 2011 used in this caim.
My current holdings in this claim: 109

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