Bulgaria will not be able to meet all the criteria for joining the euro area by the time the convergence report is published in June , Bulgarian National Bank (BNB) governor Dimitar Radev said at a conference on euro adoption in Sofia. "The main..
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..
The Governor of the Bulgarian National Bank (BNB) Dimitar Radev participated in a meeting with the Governor of the Croatian National Bank Boris Vujčić and the Governor of the National Bank of the Czech Republic Aleš Michl . During the..
On May 2, 2024, the Governing Council of the European Central Bank adopted an opinion expressing a positive assessment of the draft Law on the introduction of the euro in the Republic of Bulgaria. The ECB has welcomed the aim of the draft law..
"I have tried to get experts into the government, to achieve continuity and the cabinet to be politically balanced," caretaker Prime Minister Dimitar Glavchev said when presenting the composition of the already active caretaker cabinet to the President...
Caretaker Deputy Prime Minister and Finance Minister Lyudmila Petkova, Vice President of the European Commission Valdis Dombrovskis and European Commissioner for Economy Paolo Gentiloni signed, in Luxemburg, a partnership agreement between the..
Bulgaria will be able to join the eurozone when it meets the inflation criterion, outgoing finance minister Assen Vassilev said in the National Assembly during a debate on state-owned Bulgarian Energy Holding. Vassilev noted that the outgoing..
We welcome the progress achieved by Bulgaria on its way towards adopting the euro and encourage the continued efforts towards meeting all the convergence criteria, reads a statement issued after the two-day Euro Summit in Brussels. In June,..
The average annual inflation in Bulgaria will be 3%, according to data of the European Central Bank and the European Commission, said Finance Minister Assen Vassilev, who is in Ghent, Belgium, for the informal meeting of EU economic and financial..
Bulgarians working abroad have sent a record EUR 1.32 billion to their relatives in the country in 2023, official Bulgarian National Bank (BNB) statistics show. Compared to 2022, that is an increase of 25%. This means the sumtotal of the..
