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

Residents of Lom organize a car rally against the poor state of the roads in Northwestern Bulgaria

Several civil associations from the towns of Lom and Kozloduy are organizing a protest and a car rally today against the poor state of the roads in Northwestern Bulgaria, specifically the Lom-Kozloduy road, which is used daily by many people from Lom..

published on 1/9/25 6:15 AM

Urgent legal changes prepared to avoid gasoline shortage

In a few days, the Ministry of Energy will publish for public discussion amendments to the Renewable Energy Sources Act, after which they will be submitted for voting in parliament. The goal is to avoid gasoline shortages and price increases from..

published on 1/8/25 6:09 PM

Daytime highs expected to reach 12°C-17°C on Thursday

On Thursday morning, fog will begin to form in the lowlands and valleys. The lowest temperatures will range from 0°C to 5°C, in the easternmost regions up to 8°C-10°C, for Sofia around 1°C. The maximum temperatures will range from 12°C to 17°C, for..

published on 1/8/25 5:20 PM