Podcast in English
Text size
Bulgarian National Radio © 2024 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

The fight against the fire in Slavyanka mountain continues

More than 150 firefighters continue the battle with the fire in the western part of the Slavyanka mountain.  Several outbreaks were activated on Greek territory and managed to enter a juniper-laden forest on Bulgarian territory.  Wide..

published on 8/8/24 3:56 PM

Consumer confidence and willingness to spend money is growing

Consumer confidence rose by 5.6 points in July, according to a survey by the National Institute of Statistics. According to consumers, the general economic situation in Bulgaria has been improving over the past 12 months, and expectations for the next..

published on 8/8/24 2:23 PM

Message sent to the US House of Representatives for Bulgaria

Congressman Joe Wilson, Republican from the state of South Carolina, founder and co-chair of the Congressional Friendship Caucus for Bulgaria, addressed the House of Representatives on Bulgaria. This was announced by the Embassy of Bulgaria in the USA on..

published on 8/8/24 11:50 AM