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Caretaker Premier Dimitar Glavchev

Premier Glavchev is concerned about the adoption of the budget due to the blocked parliament

''The Eurozone remains a priority, but the caretaker cabinet expects the 51st Parliament to begin its work in order to discuss the state budget'', said caretaker Premier Dimitar Glavchev.  ''Who would have thought that we could get into this situation?..

02.12.24 11:32 |
Stanislav Popdonchev

Businesses are worried the political crisis is hampering the country’s development, says BIA Vice President

“The main priorities businesses have – membership of the Eurozone and accession to the Schengen area by land – have receded to the background. They are the motors which can boost the economy, but the fact there is no regular government is an obstacle..

12.11.24 10:00 |
Petar Ganev

Institute for Market Economics: The future administration of the country must make unpopular decisions

Petar Ganev , senior researcher at the Institute for Market Economics announced, for the BNR, the publication of their white paper of the Bulgarian economy – Unlocking growth: the road ahead after the election. “Concord should be sought and..

30.10.24 10:41 |
Caretaker Premier Dimitar Glavchev

Premier Glavchev expects Bulgaria to achieve price stability by the end of the year

According to the e 2024 EU Convergence Reports, Bulgaria meets three of the four criteria for membership in the Eurozone, namely: stability of public finances (budget balance and public debt), the exchange rate and the long-term interest rate...

16.10.24 18:00 |
Deputy PM and Minister of Finance Lyudmila Petkova

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

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..

05.10.24 10:30 |

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

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..

08.08.24 08:40 |

Parliamentary budget committee adopts bill on the introduction of the Euro

The parliamentary budget committee approved, at second reading, the bill on the introduction of the Euro in Bulgaria submitted by the Council of Ministers. Bulgaria's euro preparations on track, Finance Minister tells ECOFIN Council MPs..

02.08.24 09:05 |

It is most realistic for Bulgaria to join the Eurozone in 2026

Bulgaria could join the euro area at the beginning of 2026. According to a study by the Non-Food Traders Association, this is the realistic period in which this country would be able to fulfill the criteria for the Eurozone.  According to the..

18.06.24 17:33 |
Metodi Metodiev

Bulgaria may ask for extraordinary report on joining the euro area

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..

04.06.24 16:46 |

Experts Discuss the Challenges Facing the Introduction of the Euro in Bulgaria

An international conference "Bulgaria in the euro area, when?", devoted to the key topic of Bulgaria's accession to the euro area, the prospects and the necessary reforms for this to happen, will be held on 14 May in Sofia . Its organisers are the..

14.05.24 06:05 |
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