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

Deputy Premier Pekanov: Bulgaria could adopt the euro from 2025

Deputy Prime Minister for EU Funds Management Atanas Pekanov
Photo: BGNES

"I hope that Bulgaria will join the Eurozone on January 1, 2025", caretaker Deputy Prime Minister for EU Funds Management Atanas Pekanov said before an expert debate in Sofia themed "Is Bulgaria Ready for the Eurozone?". It is just a matter of time for Bulgaria to meet the technical and inflation criteria, said Deputy Premier Pekanov.

 “Bulgaria has been a member of the EU for 15 years and Bulgarian citizens and businesses often do their transactions abroad and use the euro”, said Atanas Pekanov. In his words, more than EUR 1.5 billion is sent from abroad to Bulgaria, but part of the money is lost during the currency conversion. 45% of Bulgaria's exports are to the euro area, 35% of imports are from the euro area, Deputy Premier Pekanov explained. "The Bulgarian economy is moving with that of the euro area, which means that we are ready to adopt the euro as soon as possible", Atanas Pekanov concluded.




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

Temperatures are expected to rise on Tuesday

On Tuesday , the minimum temperatures in Bulgaria will be between minus 5 and 0°C, in the northeast - as low as minus 11°C. In Sofia, it will be around minus 3°C.  In the morning, fog is possible near the rivers. During the day, there will be light..

published on 2/24/25 7:25 PM

Bulgaria meets the final criterion for eurozone membership and will request a convergence report

According to data from Eurostat, Bulgaria has met the final criterion for joining the eurozone, namely price stability, Minister of Finance Temenuzhka Petkova announced at the beginning of an extraordinary meeting of the Council of Ministers. She..

published on 2/24/25 5:00 PM

Rosen Zhelyazkov: Ukraine must be given guarantees for a lasting and just peace

Prime Minister Rosen Zhelyazkov reaffirmed Bulgaria's support for the independence, sovereignty and territorial integrity of Ukraine. He participated in the summit initiated by Ukrainian President Volodymyr Zelenskiy to mark the third anniversary of..

published on 2/24/25 4:30 PM