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

Finance Minister Lyudmila Petkova: We expect to meet inflation criteria for accession to Eurozone by December

Deputy PM and Minister of Finance Lyudmila Petkova
Photo: BGNES

In December this year the Ministry of Finance will have covered the last of the criteria for accession to the Eurozone – inflation, said caretaker Deputy PM and Minister of Finance Lyudmila Petkova. Two weeks after fulfilling it, Bulgaria will ask for a new assessment, she added.

At a briefing, Minister Petkova presented the results of an analysis of the public revenues and expenditures for the 2022-2044 period, which indicates that expenditures outpace revenues.

Lyudmila Petkova also announced that at the Consultative Council on National Security, convened by the president, the question was raised of defence spending reaching 2.5% of the Gross Domestic Product of the country. However, she declined to comment on the working parameters of the budget for next year so as to prevent any speculation regarding the budget.



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

Caretaker Minister of Environment and Water Petar Dimitrov

Oil spill near Kerch is far from Bulgaria and is drifting towards the Sea of Azov, Environment minister says

There is no immediate danger to the Bulgarian waters or to the Bulgarian coastline. The oil spill is drifting to the Southeast of Kerch Bay and to the North of the Kerch strait, and there exists a serious danger of pollution of the Sea of Azov, said..

published on 12/20/24 1:36 PM

BNR reveals the content of Bulgarian-Ukrainian security agreement

BNR - "Horizont" has the draft agreement for 10-year cooperation in the field of security between Bulgaria and Ukraine. The 20-page document, the signing of which was postponed, stipulates that Bulgaria will provide training for..

published on 12/20/24 11:58 AM

Vazrazhdane party sends signal to SANS over email invitations for training in the US

Vazrazhdane party are to file a signal to the State Agency for National Security (SANS) over an attempt to "massively recruit" hundreds of Bulgarian municipal councillors, said Kostadin Kostadinov, leader of the party. He told media..

published on 12/20/24 11:13 AM