Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

National Bank Governor: Eurozone membership is above all a political matter

.
Photo: BGNES

There is a real risk that Bulgaria will not be able to join the eurozone on January 1, 2024, the Governor of the Bulgarian National Bank Dimitar Radev warned during a hearing in the National Assembly. "The delay in joining the euro area is mainly caused by the lack of a regular government and clear political commitment. Rising inflation is also a big problem", Dimitar Radev noted. 

The political decision about the Eurozone would have a price and it would not be small. However, if Bulgaria does its job and shows political will to adopt the euro on January 1, 2024, the European institutions may compromise in the event that the country fails to fulfill the inflation criterion, Dimitar Radev said, quoted by “Capital”.




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

50 drones paint a heart in the sky on World Heart Day

The initiative "Take a Walk with Your Cardiologist" was held in major Bulgarian cities to mark today’s World Heart Day. The Organizers from the Bulgarian Society of Cardiology emphasized the importance of regular moderate physical..

published on 9/29/24 5:53 PM

Weather forecast for Monday: Precipitation stops but temperatures remain low

On Monday, there will still be showers in the eastern half of the country. It will stop raining by the evening. Clouds will break in the western part of the country. It will be mostly sunny in Southwestern Bulgaria in the afternoon. There will be..

published on 9/29/24 5:20 PM

The tambura, gadulka and shepherd's flute may soon disappear from the music stages

Traditional folk instruments, including the tambura, gadulka and kaval (shepherd's flute) are expected to disappear from Bulgarian stages within 10 to 15 years if no attention is paid to folk music performers, shows an analysis from a field study..

published on 9/29/24 4:28 PM