Text size

BNB Governor: We are this close to joining the euro zone

published on 7/13/23 5:07 PM

Photo: BTA

1 January 2025, if efforts are made, is a possible and realistic date for Bulgaria's accession to the euro area. This is what Bulgarian National Bank Governor Dimitar Radev said during a hearing in Parliament. In his words, BNB and the Bulgarian banking sector are already part of it. He said that the banking sector and currency stability are the most complex criteria for a country to join the euro area, and Bulgaria has met these criteria in 2020.

"We are this close to joining the euro area and it is strange to start thinking now about whether to accept the common European currency," he stressed.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria News BNB governor common European currency Dimitar Radev euro zone joining the euro parliament

More from category

PP-DB returns the second mandate immediately after it was handed over

President Rumen Radev handed over the second exploratory mandate to form a government to the second largest parliamentary group in the 50th National Assembly - "We Continue the Change" - "Democratic Bulgaria" coalition (PP-DB). At the handing..

published on 7/22/24 12:14 PM

Caretaker government signs contract for East-West energy corridor feasibility study

A contract between the US Trade and Development Agency and the Electric Power System Operator for the feasibility study for the East-West Energy Corridor was signed at the Council of Ministers. The funding, amounting to USD 1.2 million, is..

published on 7/22/24 11:26 AM

Nearly 100 hectares of forest land near Petrich is subject to private interests

Residents of the village of Kavrakirovo, near Petrich, came out in protest because of a proposal submitted to the municipal council of the municipality of Petrich, which affects nearly 100 ha of forest land . According to the protesters, it is about the..

published on 7/22/24 11:21 AM