Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Bulgaria will be ready for the Eurozone in 2024

Dimitar Radev, governor of Bulgarian National Bank
Photo: BGNES

The Governor of the Bulgarian National Bank Dimitar Radev pointed to the year 2024 as a realistically possible deadline for Bulgaria's accession to the euro area. He made the statement during a video conference organized by the American Chamber of Commerce.

Bulgaria's banking system entered the Covid-19 crisis much better prepared than many other European systems, Radev said. 
The BNB Governor also answered a number of questions related to the direct supervision by Frankfurt of five systemic banks registered in Bulgaria, as well as the fulfillment of the Maastricht criteria. Bulgaria has a good chance to adhere to them until 2024, and the commitments made for the period of stay in the currency mechanism must be fulfilled, Dimitar Radev added.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Photo: Bulgarian Small and Medium Enterprises Promotion Agency (BSMEPA)

Bulgaria, Turkiye and Romania meet at business forum in Burgas

A business forum entitled "Strengthening economic ties between Bulgaria, Turkiye and Romania" will be taking place today at the International Congress Center in Burgas .  The main goal of the event is to stimulate trade and economic relations..

published on 3/14/25 6:10 AM

Almost summer temperatures expected in Bulgaria on the last day of the working week

On Friday the weather in Bulgaria will be mostly sunny. There will be more significant cloudiness over Northwestern Bulgaria and there will be short-term rain in places in the afternoon. There will be a moderate wind, in the regions north of the..

published on 3/13/25 7:15 PM

Bulgaria's Constitutional Court declares the election of 16 MPs illegal, Velichie party above 4% threshold

Bulgaria's Constitutional Court has declared the election of 16 MPs in the current Bulgarian Parliament illegal . The decision was published on the institution's website. The Constitutional Court's decision makes it clear that after the..

published on 3/13/25 4:35 PM