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

Bulgaria may join the euro zone in 2024, but needs to change its laws

Assen Vassilev
Photo: BGNES

The state budget update will be submitted to parliament next week, Finance Minister Assen Vassilev said in parliament. 

He affirmed that according to Brussels' assessment, the euro could be adopted in Bulgaria by early 2024, but that the country needs to amend more than 100 laws, including the Bulgarian National Bank law, in order to synchronise them with eurozone legislation. 
The second important condition is to meet the inflation criteria. Vassilev pointed out that inflation in Bulgaria is moving ahead of other EU countries because energy and food, which are experiencing serious price increases, have a larger share in the consumer basket than in other European countries.




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

19 people detained in Sofia for drug possession

Nineteen people have been detained last night for drug possession during a special police operation on the territory of Sofia, the Interior Ministry has announced. Cannabis, ecstasy and more than 400 canisters of laughing gas, as well as..

published on 11/2/24 2:46 PM

Patriarch Daniil conducts Archangel All Souls' Day memorial service

An Archangel All Souls' Day memorial service was conducted by Patriarch Daniil at the military ossuary museum at the central Sofia cemetery. In his message he stated that today we honour the memory of all of our soldiers: “They are an example..

published on 11/2/24 1:31 PM

Young people out of a job are mostly with a secondary school education

Almost half of the unemployed under the age of 29 in this country have secondary school education, indicate the latest data of the National Employment Agency. There are 17.350 people from this age bracket registered at the job centres –7,570 of..

published on 11/2/24 11:51 AM