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Bulgarian National Bank explains what will change with the adoption of the euro

The Bulgarian National Bank (BNB) has posted, to its website, the answers to important questions connected with the adoption of the euro and the country’s entry into the Eurozone. The official BGN to Euro exchange rate is fixed, with the Lev..

25.02.25 15:18 |
Martin Dimirov

Eurostat: Inflation in Bulgaria accelerates to 3.8% in January

The euro area annual inflation rate was 2.5% in January 2025, up from 2.4% in December 2024. In Bulgaria, it accelerated more sharply in January to 3.8% from 2.1% a month earlier , reaching the highest level in 12 months (since January 2024, when it..

24.02.25 16:20 |
Dimitar Radev

Request for extraordinary report on readiness for eurozone membership will be signed

BNB Governor Dimitar Radev will sign the request for an extraordinary convergence report on the fulfillment of the criteria for eurozone membership. This is clear from his response in an interview with BTA, in which Radev announced that the Central..

19.02.25 17:33 |
Temenuzhka Petkova

Finance Minister to present Bulgaria's euro area readiness in Brussels

Bulgarian Finance Minister Temenuzhka Petkova will travel to Brussels to provide an update on Bulgaria’s progress towards euro area accession. The Finance Ministry has confirmed that Minister Petkova will participate in the Eurogroup meeting on 17..

17.02.25 07:40 |

Vazrazhdane party threatens NSI for providing 'false' data on Bulgaria's readiness to adopt the euro

Politicians and supporters of the Vazrazhdane and MIR parties protested in front of the National Statistical Institute (NSI) against the "fabrication of data" that would allow the introduction of the euro in Bulgaria. They demanded the resignation of..

10.02.25 13:50 |
Rosen Zhrelyazkov during the briefing at the Council of Ministers

Budget for 2025 will meet the requirements for membership of the Eurozone, PM Zhelyazkov says

“We shall submit a budget for stabilizing public finance,” Prime Minister Rosen Zhelyazkov said at a briefing at the Council of Ministers building. “I have full support and I am certain that GERB will give its solid support to this budget with a..

05.02.25 10:34 |

Government may request extraordinary convergence report after February 17, says PM Zhelyazkov

The government will request an extraordinary convergence report to assess Bulgaria's readiness to join the eurozone. This is what Prime Minister Rosen Zhelyazkov told journalists in Brussels, quoted by BTA.  He confirmed that joining the eurozone..

03.02.25 15:09 |
Lyubomir Karimansky

The financial system in Bulgaria is stable, Lyubomir Karimansky says

“The divergence between the monetary and the fiscal policy pursued by the government continues to be the main reason why Bulgaria does not meet all criteria yet for entering the Eurozone,” Lyubomir Karimansky, member of the Governing Council of the..

01.02.25 14:59 |
Temenuzhka Perkova

Bulgaria to request euro area convergence report once criteria are met

Bulgaria will not yet request an extraordinary convergence report - a key step towards joining the eurozone. This was announced by Finance Minister Temenuzhka Petkova from the rostrum in Parliament. She said that during her meetings with the EU..

31.01.25 15:07 |

Vazrazhdane to request that Finance Minister Petkova be heard in parliament regarding Bulgaria's entry into the Eurozone

The MPs from Vazrazhdane party will request that Minister of Finance Temenuzhka Petkova be heard in parliament regarding Bulgaria's entry into the Eurozone, announced the leader of the party, Kostadin Kostadinov. "We have inside information from..

30.01.25 18:15 |
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