ПРОГРАМИ
en de ru fr es sr gr al tr ro
Podcast in English
Share
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Bulgarian National Bank, commercial banks work to make Bulgaria ready for the euro

Dimitar Radev, governor of the Bulgarian National Bank
Photo: BTA

On Banker's Day, December 6, the governor of the Bulgarian National Bank (BNB), Dimitar Radev, congratulated all those working in the  banks in the country. 

"The banking sector continues to be in a very strong condition and is a major factor in the implementation of the most important priorities for the country, including joining the Eurozone," Radev told BGNES. 

For the governor of the BNB, the capital adequacy, liquidity and profitability of the banks in Bulgaria is above the average level in the EU. 

In an interview with 24 Chasa daily, the chief banker stated that if he had not been sure of the country's real chances of entering the Eurozone, he would not have accepted a second term as the head of the BNB. "The stability of the Bulgarian leva is a function of the stability of our reserve currency (the euro). What will happen is that our reserve currency, the euro, will become the national currency," emphasizes Radev. For him, "inflation remains a problem" because of "not a good synchronization between the fiscal and monetary policies".

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.
Radio Bulgaria Economy    banks Bulgarian National Bank Dimitar Radev euro

More from category

2025 portends difficult survival for businesses against the backdrop of political instability and foreign policy challenges

The National Assembly postponed the discussion and voting of the most important fiscal law of the land – the national budget for 2025 – for next year. “If we do not have an approved budget by 19 January, then everything in the country will grind to a..

updated on 12/30/24 1:16 PM
BIA President Dobri Mitrev

Businesses are cautious in their expectations for 2025

41% of the member companies of the Bulgarian Industrial Association expect an economic decline in 2025. 21% believe there will be no change compared to 2024. 65% of the respondents anticipate a deterioration in their own business due to the..

published on 12/17/24 11:32 AM

The price of electricity is expected to increase by 9% on January 1, 2025

The price of electricity for households could increase by nearly 9% starting next year, according to estimates by the Energy and Water Regulatory Commission. This means that with an average consumption of nearly 400 kilowatt-hours, the monthly bills..

published on 12/15/24 10:01 AM

WEATHER
Pick city: Sofía
Mostly Cloudy
Min: -1 | Max: 13
Mostly Cloudy
Min: 4 | Max: 13
Mostly Cloudy
Min: 3 | Max: 12
Mostly Cloudy
Min: -1 | Max: 12
Partly cloudy, chance of rain
Min: 0 | Max: 12
Cloudy
Min: -1 | Max: 12
Cloudy
Min: -1 | Max: 11
Partly cloudy, chance of rain
Min: -1 | Max: 10
Mostly Cloudy
Min: 0 | Max: 13
Mostly Cloudy
Min: -2 | Max: 13
Partly cloudy, chance of rain
Min: -1 | Max: 12
Partly cloudy, chance of rain
Min: 0 | Max: 13
Mostly Cloudy
Min: -1 | Max: 13
Mostly Cloudy
Min: -2 | Max: 11
Cloudy
Min: 0 | Max: 13
Mostly Cloudy
Min: -1 | Max: 13
Cloudy
Min: -1 | Max: 11
Partly cloudy, chance of rain
Min: 0 | Max: 12
Partly cloudy, chance of rain
Min: 1 | Max: 11
Mostly Cloudy
Min: 2 | Max: 10
Mostly Cloudy
Min: -3 | Max: 10
Mostly Cloudy
Min: -1 | Max: 12
Cloudy
Min: -1 | Max: 11
Cloudy
Min: -1 | Max: 12
Cloudy
Min: -1 | Max: 11
Partly cloudy, chance of rain
Min: -1 | Max: 11
Cloudy
Min: -1 | Max: 11
BULGARIA IN PICTURES
Which world-famous Bulgarian artist designed QSL cards for Radio Bulgaria?
Yasen Gyuzelev
Theodore Ushev
Christo Javacheff - Christo
Ilia Peikov
Lika Yanko

BULGARIANS ABROAD

Български English Русский Deutsch Српски Français Ελληνικά Español Shqip Türkçe Română
MOST VIEWED

Bulgarian National Bank places bonds with new short-term and medium-term domestic debt

On January 27th, government securities for 150 million euros (300 million leva) will be offered on the domestic market , the Bulgarian National Bank (BNB)..

published on 1/22/25 11:05 AM

english@bnr.bg

+359 2 9336 661

Общи условия за използване на сайта | Политика за поверителност | Политика за "бисквитки"