Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Finance Minister Assen Vassilev believes Bulgaria will be able to adopt the euro in 2025 at 3% inflation

Assen Vassilev
Photo: Anguelina Piskova, BNR

The average annual inflation in Bulgaria will be 3%, according to data of the European Central Bank and the European Commission, said Finance Minister Assen Vassilev, who is in Ghent, Belgium, for the informal meeting of EU economic and financial affairs ministers. The only criterion for accession to the Eurozone that has not been met yet – inflation – will be fulfilled this year. This means Bulgaria will be able to adopt the euro in 2025, Assen Vassilev said.

“Entry into the Eurozone calls for a stable environment and a regular government, the only thing left is the Euro Adoption Law, which is at the European Central Bank for consultation,” Bulgaria’s finance minister said, and added that the country has set in motion difficult and long-delayed legislative changes and that that they should now start working for the benefit of the citizens.

Assen Vassilev was adamant that the rotation of prime ministers will take place.



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.

More from category

Defense Minister Atanas Zapryanov

F-16 Block 70 aircraft to be maintained entirely in Bulgaria

The rearmament of the Bulgarian Air Force with F-16 Block 70 aircraft will contribute to the introduction of new technologies at the Avionams Aircraft Repair Plant for the maintenance of the fighter aircraft entirely on Bulgarian territory. There will..

published on 5/13/24 5:12 PM

Flow of foreign tourists to Bulgaria in 2023 reached pre-pandemic levels

The number of visits by foreign nationals to Bulgaria increased by 16.0% in 2023 , with visits from Turkey and Romania contributing the most.  T his is stated in the BNB's economic review of the macroeconomic indicators of the Bulgarian..

published on 5/13/24 3:05 PM
Vladimir Malinov,  Carl Kress (right)

The US can help us with the East-West energy corridor study

The Bulgarian Electricity System Operator and the US Trade and Development Agency may cooperate in the implementation of the study activities for the East-West Energy Corridor , which would connect the operators of Turkey, Bulgaria, North Macedonia,..

published on 5/13/24 1:46 PM