Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Bulgaria will be ready for the Eurozone in 2024

Dimitar Radev, governor of Bulgarian National Bank
Photo: BGNES

The Governor of the Bulgarian National Bank Dimitar Radev pointed to the year 2024 as a realistically possible deadline for Bulgaria's accession to the euro area. He made the statement during a video conference organized by the American Chamber of Commerce.

Bulgaria's banking system entered the Covid-19 crisis much better prepared than many other European systems, Radev said. 
The BNB Governor also answered a number of questions related to the direct supervision by Frankfurt of five systemic banks registered in Bulgaria, as well as the fulfillment of the Maastricht criteria. Bulgaria has a good chance to adhere to them until 2024, and the commitments made for the period of stay in the currency mechanism must be fulfilled, Dimitar Radev added.



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

Spring-like daytime temperatures

On Friday morning there will be fog or low clouds in the lowlands and valleys. Minimum temperatures will be between -3°C and 10°C in the Pre-Balkan, around 1°C in Sofia. Visibility will improve after midday, but clouds will increase from the north-west..

published on 1/9/25 7:05 PM
Lyuboslav Kostov

Trade unions expect 'cascade of protests' if state budget not approved

Protests could erupt if the National Assembly fails to approve this year's state budget, Lyuboslav Kostov, chief economist at the Confederation of Independent Trade Unions of Bulgaria (CITUB), said in an interview with BNR. "Once again, the budget..

published on 1/9/25 4:39 PM

Parliament adopts first reading of provisional budget law

MPs unanimously adopted at first reading the caretaker government's proposed law on revenues and expenditures in 2025, pending the adoption of the state budget. "The main objective is to ensure financial stability and the normal functioning of..

published on 1/9/25 4:20 PM