Text size

Bulgaria may ask for extraordinary report on joining the euro area

published on 6/4/24 4:46 PM

Metodi Metodiev

Photo: BTA

By mid-2025 Bulgaria will be ready for the Еuro area, the caretaker deputy finance minister Metodi Metodiev predicted before the financial forum in Sofia "The Noise of Money". In his words, by the end of 2024, the inflation criterion - the only one the country currently does not meet for the euro adoption - will be covered, allowing Bulgaria to request an extraordinary report.

Very soon the government will also vote on the euro law, said Metodiev, according to whom almost all reforms for Eurozone membership have been implemented.

By the end of May 2024, the treasury is expected to report a surplus of 50 million euros. At the end of April, the surplus stood at 250 million euros. The difference is due to one-off spending as well as retroactive salaries paid to employees, the finance ministry said.

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

Radio Bulgaria News euro Euro area Eurozone

More from category

Sub-zero morning temperatures and cool sunny weather during the day

On Tuesday , the lowest temperatures will be between minus 3° and 2°C, in Sofia - around minus 1°C. During the day it will be sunny, with light to moderate easterly wind. The highest temperatures will reach 10° to 15°C; in Sofia -..

published on 11/4/24 6:50 PM

Minister of Innovation: There was video surveillance in more than 99.5% of the polling stations

Over 99.5% of Bulgaria's polling stations were covered by video surveillance in the October 27 parliamentary elections. This was stated at a briefing by the Caretaker Minister of Innovation and Growth Rosen Karadimov, appointed by the caretaker..

published on 11/4/24 6:05 PM

17 drifting mines have been destroyed in the Black Sea since the beginning of the war in Ukraine

17 drifting mines have been discovered and destroyed in the Black Sea by the Naval Forces of Bulgaria, Romania and Turkey since the beginning of the war in Ukraine until today. This was said by Fleet Admiral Velko Velkov at the opening of the Poseidon..

published on 11/4/24 5:45 PM

WEATHER

Pick city: Sofía

Partly Cloudy
Min: 0 | Max: 14

BULGARIA IN PICTURES

Which world-famous Bulgarian artist designed QSL cards for Radio Bulgaria?

International Day for Biosphere Reserves popularizes the idea of finding a balance between nature and humans

Today, 3 November, is International Day for Biosphere Reserves, declared by UNESCO’s Man and the Biosphere programme. On this occasion, as of the second..

published on 11/3/24 8:05 AM

Vice President Iliana Iotova opens exhibition of treasures from Ancient Thrace in Los Angeles

Today, Vice President Iliana Iotova is opening the exhibition “Ancient Thrace and the Classical World: Treasures from Bulgaria, Romania, and Greece” at..

published on 11/3/24 7:30 AM

Former Minister of Interior Demerdzhiev: Rumen Radev's position on the fairness of the vote should not remain without consequences

In the elections on October 27 this year there were problems in both phases of the process - when the votes were submitted and when they..

published on 11/3/24 11:18 AM

Share