"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.
Bulgaria's Prime Minister Rosen Zhelyazkov congratulated the German conservatives from the CDU/CSU and their leader Friedrich Merz on the social network X for the "impressive election victory". The Prime Minister points out that after the elections..
The most prestigious local government forum in the Balkans, B40, will take place in Sofia between February 24 and 25. The theme of the meeting in Sofia is "The Future of the Balkans: Innovation, Cooperation, Green Transition and Growth" and the..
On Monday, the lowest temperatures will range from minus 15°C to minus 10°C, higher in Western Bulgaria, for Sofia around minus 4°C. In the morning, there will be fog near the rivers. It will be mostly sunny during the day. Maximum temperatures will..
According to data from Eurostat, Bulgaria has met the final criterion for joining the eurozone, namely price stability, Minister of Finance Temenuzhka..
The Ministers of Agriculture of Bulgaria, Hungary, Romania and Slovakia have called on the European Commission to restore pre-war import quotas for..
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..
Cloudy
Partly Cloudy
Mostly Cloudy