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Caretaker prime minister hopes that Bulgaria will be in the eurozone in 2025

We have preserved the main priorities of Bulgaria, said caretaker Prime Minister Dimitar Glavchev at the beginning of today's government’s meeting. "It is increasingly likely that this will be our last regular meeting. We continue..

14.08.24 13:31 |
Georgi Kadiev

Georgi Kadiev: I would rather expect us to enter the Eurozone in 2027

Until the average income of the population reaches 80% of the European average, we should not enter the euro area. Inflation goes along with it and there must be some reserves, Georgi Kadiev, former Deputy Minister of Finance, part of..

27.06.24 13:57 |

Kristalina Georgieva: Chance to enter the Eurozone should not be missed

Progressive income taxation allows a country's resources to be shared more successfully with society. The 10% flat tax has played its role in shedding light on incomes, but it's time to replace it, Kristalina Georgieva, managing..

16.04.24 11:54 |
PM Denkov

High inflation is the only obstacle to Bulgaria’s entry into the Eurozone

We no longer offer the cheapest labor in the EU. With the increase in incomes, we have overtaken Hungary and Bulgaria is now second to last, Prime Minister Nikolai Denkov said at a Facebook briefing. The only thing that stops us for the Eurozone is the..

10.01.24 11:21 |

Bulgaria’s target date for adopting the euro is January 1, 2025

Bulgaria will write down in an official document the date January 1, 2025 as the target date for adopting the euro , according to a project published on the government website. The country missed January 1, 2024 - the previous..

24.09.23 11:37 |

EC to support Bulgaria's efforts in joining the euro zone

The European Commission welcomes Bulgaria's continued ambition to join the euro area when all criteria for this are met , the institution told BNR following the news that Bulgaria will miss its January 1, 2024 target date for joining the euro zone...

18.02.23 12:13 |

Minister of Finance: Information campaign for Bulgaria’s inclusion in the eurozone is forthcoming

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..

24.01.22 15:38 |

Bulgaria does not meet all requirements for euro area membership, ECB says

A report of the European Central Bank, published on Tuesday, reads that none out of seven countries that want to join the euro area, including Bulgaria, actually meets all the criteria for joining the single currency community. The authors point out that..

07.06.16 15:08 |
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