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

Balkan Stream pipeline exempted from US sanctions on Gazprombank transactions until March 2025

The Balkan Stream gas pipeline will not be subject to US sanctions for transactions with Russia's Gazprombank. This was revealed in a written answer to a parliamentary question to Energy Minister Zhecho Stankov. On December 23, 2024, the Ministry of..

published on 2/16/25 9:45 AM

Timco Mucunski (L) and Georg Georgiev (R)

North Macedonia's EU membership goes through the inclusion of Bulgarians in its constitution

Bulgaria’s Minister of Foreign Affairs Georg Georgiev met with North Macedonia’s Foreign Minister Timco Mucunski during the Munich Security Conference. Georg Georgiev emphasized that Bulgaria's position regarding the European integration of North..

published on 2/15/25 5:25 PM

Temperatures will go down on Sunday, snow is expected in Northeastern Bulgaria

The weather will be cloudy during the next 24 hours. Snow will fall in the northeastern part of Bulgaria, which will spread to many regions of Northern Bulgaria during the day. It will rain in the southern parts of the country. Snowfall will be..

published on 2/15/25 5:20 PM