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

Inflation hinders Bulgaria's entry into the Eurozone

Photo: EPA/BGNES-archive

Bulgaria will not be able to join the Eurozone at the beginning of 2024, because it has not adopted three crucial bills and does not meet the inflation criterion. According to experts, the country may adopt the single currency in mid-2024 at the earliest. 

According to Valdis Dombrovskis, Executive Vice-President of the European Commission for An Economy that Works for People, January 1, 2025 is a possible date for Bulgaria’s Eurozone entry. For the purpose, Bulgaria has to meet the Maastricht criteria with inflation being the main problem. Valdis Dombrovskis is paying a two-day visit to Bulgaria to discuss issues related to Bulgaria's Eurozone membership, the country's Recovery and Resilience Plan, as well as other topics on the European agenda.




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

Four Bulgarian MEPs to be part of the delegation to the EU-North Macedonia Joint Parliamentary Committee

Four Bulgarian MEPs will be part of the delegation to the EU-North Macedonia Joint Parliamentary Committee, the European Parliament announced. The Bulgarian representatives in the delegation to the EU-North Macedonia Joint Parliamentary Committee are..

published on 10/1/24 10:23 AM
Ministry of Justice building

The structure of Russian properties in Bulgaria is unclear

Bulgaria has information on the holdings of companies with Russian involvement , but the scale and type of their investments are not entirely clear, caretaker Minister of Justice Mariya Pavlova said in response to questions asked by MP Martin..

published on 10/1/24 10:04 AM

The deadline for submitting applications for voting abroad expires at midnight

The deadline for Bulgarians living abroad to apply for the opening of polling stations for the early parliamentary elections on October 27 expires on October 1 at midnight. By law, polling stations abroad are opened in Bulgaria’s diplomatic and..

published on 10/1/24 9:19 AM