Bulgaria is making efforts to be ready to adopt the euro no later than January 1, 2025, the Ministry of Finance said in connection with media publications related to the topic. The country's preparations and progress towards Eurozone membership were discussed at the meetings of Finance Minister Rositsa Velkova with Eurogroup President Paschal Donohue and European Commissioner Valdis Dombrovskis on April 28 and 29 in Stockholm. They also discussed the country’s budget deficit and ways to curb inflation.
The topic of postponing the introduction of the euro in Bulgaria after 1 January 2025 was not raised, the Finance Ministry noted. The Ministry of Finance considers unacceptable the dissemination of fake news and contradictory messages in the media.
Bulgaria has sold €2.3 billion in bonds on the foreign markets with repayment terms of 7.5 and 12.5 years, Minister of Finance Assen Vasilev has reported. "The emission was extremely successful. There was nearly 3 times more supply..
At an extraordinary meeting, the government has approved a package of laws that it sent to the National Assembly in relation to the adoption of the budget for 2024. Minister of Finance Assen Vassilev expects inflation to be..
On 1 November, the Bulgarian National Bank is raising the base rate for the national currency – Lev – to 3.79 %. The base rate in October was 3.64%, and in September 3.53%. Interest rates have been going up since the end of September 2022 when..
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