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

Bulgaria’s Parliament adopts conclusively the Law on the Introduction of the Euro

Photo: BTA

Without discussion and debates, the parliament adopted conclusively the Law on the Introduction of the Euro in Bulgaria. 167 MP from GERB-SDS, the Movement for Rights and Freedoms (DPS) and We Continue the Change-Democratic Bulgaria voted in favour, 48 MPs voted against and 13 MPs abstained. 

The cabinet is obligated to request an extraordinary report from the European Commission on the country's progress towards adopting the euro once it manages to meet the inflation criterion – the only one it has not met so far. Within 14 days after meeting this criterion, the cabinet is also obligated to propose the adoption of the euro from July 1, 2025. So far, countries have not been accepted into the Eurozone in the middle of the year, but there is no established rule that this must necessarily happen at the beginning of the calendar year. The actual date for the introduction of the euro will be determined by a Decision of the EU Council.




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

The Bulgarian Patriarch and Metropolitan of Sofia Daniil during the festive Christmas Liturgy, December 25, 2024

Bulgarian Patriarch Daniil: Christmas changed and made sense of the history of mankind

Bulgarian Patriarch Daniil led the Christmas service in the capital's St. Alexander Nevsky Cathedral. In the festive litury, he called on believers to make sense of wisdom following the example of the three wise men who came to worship the Savior and..

published on 12/25/24 1:47 PM
President Rumen Radev

Bulgaria's President, Prime Minister send Christmas extend for unity

Merry Christmas, dear compatriots! On today's great Christian holiday, I wish every Bulgarian home to be filled with health and well-being. This is what Bulgarian President Rumen Radev wrote on Facebook.   "Let us preserve a piece of the warmth of..

published on 12/25/24 12:28 PM
Danube bridge

Road traffic to Romania and Turkey is intense

Traffic at the border crossings with Romania and Turkey is intense, the Bulgarian Border Police reported. Traffic with Romania is intense at Kardam border crossing at the exit for trucks.  Due to major repairs to the Bulgarian section of the..

published on 12/25/24 10:51 AM