World-famous economist Prof. Steve Hanke, who introduced the currency board in this country said, in an interview with bTV, that Bulgaria’s accession to the Eurozone will raise the risk of higher inflation. Prof. Hanke also criticized the..
The ruling coalition partners have agreed on a national plan for the introduction of the euro. At a nearly three-hour-long extraordinary experts’ council meeting convened by Deputy Prime Minister Assen Vassilev, it was agreed that the date for..
An Extraordinary Expert Council of the ruling coalition has been convened for tonight by Deputy Prime Minister and Finance Minister Assen Vassilev . This was confirmed to BNR by sources from the ruling coalition. The Council will discuss the..
The euro hit a 5-year low, compared to the USD, as Russia halted gas deliveries to Poland and Bulgaria, tumbling to USD 1.06, its weakest since 2017. Investors say that this is due to the poor economic prospects, but Moscow’s decision to halt..
Bulgaria's preparation for eurozone membership is on track, according to an article by Minister of Finance and Deputy Prime Minister Asen Vassilev in the Bulletin of the Association of Commercial Banks. He does not mention a date for the changeover..
Prime Minister Kiril Petkov has reaffirmed the government's commitment to adopting the euro. Petkov told Bloomberg TV Bulgaria that public support for the introduction of the single currency needs to be actively strengthened. "The..
54% of Bulgarian citizens support the introduction of the euro. However, 66% of them believe that Bulgaria is not yet ready for the transition to the EU's single currency. This is shown by the results of a Eurobarometer survey published today, BNR..
The indicative deadline for the introduction of the euro is January 2024 and five months before this date and a whole year after that, prices in stores would be written in both euros and levs. This will allow us to compare prices in the two..
The Bulgarian National Bank has informed that a draft National Plan for the introduction of the euro in Bulgaria has been adopted with a target date of January 1, 2024. The introduction is planned without a transitional period, and the date of adoption..
Even though the deficit will exceed the criteria for entry into the Eurozone, Bulgaria maintains the objective of introducing the single currency in 2024. This is made clear by the convergence programme for the 2021-2023 period voted by the..
