Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Premier Boyko Borissov forecasts: Bulgaria enters Eurozone’s waiting room in July

Photo: @boyko.borissov

Bulgaria’s Premier Boyko Borissov forecasted that Bulgaria would enter ERM2, also known as the Eurozone’s waiting room, in July this year. Huge investments are expected to be made in Bulgaria. Unemployment and contraband levels will fall below 5% and Bulgaria’s foreign debt will amount to 17.5% of the gross domestic product (EUR 61 billion) at the end of 2019, Premier Borissov further forecasted. Bulgaria began preparations for ERM2 in July 2018. According to Bulgaria’s Minister of Finance, this country can adopt the Euro no earlier than in 2022, but entering the Eurozone in 2023 is a more realistic scenario.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Yellow code for hot weather in most of the country

It will be sunny on Friday . In the afternoon, there will be more clouds in the western regions, but rainfalls are possible in few places. The lowest temperatures will be between 15 and 21°C, in Sofia - about 15°C. The highest will..

published on 8/1/24 6:45 PM

Minister of Health must take measures to prevent violence against doctors

The National Assembly obliged the Minister of Health to take measures to prevent violence against medics. It is planned that a specialized electronic system will be created within four months, through which the medics can signal about..

published on 8/1/24 4:07 PM

GERB will negotiate with ITN but will not support a regular cabinet

The leader of GERB-SDS, Boyko Borissov, confirmed that the coalition will hold talks with the ITN party, which received the third mandate to form a government. However, he added that his MPs would not vote for a cabinet within this..

published on 8/1/24 3:16 PM