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

Inflation hinders Bulgaria's entry into the Eurozone

Photo: EPA/BGNES-archive

Bulgaria will not be able to join the Eurozone at the beginning of 2024, because it has not adopted three crucial bills and does not meet the inflation criterion. According to experts, the country may adopt the single currency in mid-2024 at the earliest. 

According to Valdis Dombrovskis, Executive Vice-President of the European Commission for An Economy that Works for People, January 1, 2025 is a possible date for Bulgaria’s Eurozone entry. For the purpose, Bulgaria has to meet the Maastricht criteria with inflation being the main problem. Valdis Dombrovskis is paying a two-day visit to Bulgaria to discuss issues related to Bulgaria's Eurozone membership, the country's Recovery and Resilience Plan, as well as other topics on the European agenda.




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

Blind ultrarunner Victor Asenov inducted into the Everesting Hall of Fame

Blind ultrarunner Victor Asenov has officially become part of the Everesting Hall of Fame, Sportal.bg reports. Between March 21 and 23, the ''Invictus'' Victor Asenov completed 19 consecutive ascents from Aleko Hut to Cherni Vrah Mount on..

published on 4/18/25 3:59 PM

Bulgaria has asked to withdraw its request to the EC for the second payment under the Recovery and Resilience Plan

Bulgaria has asked to withdraw its request to the European Commission for the second payment under the National Recovery and Resilience Plan, the Commission confirmed to BNR. The request was submitted yesterday following coordination with the..

published on 4/18/25 1:04 PM

Border Police: Traffic on the Danube Bridge in Ruse is limited to one lane

Border Police remind that major repairs are underway on the Bulgarian section of the Danube Bridge in Ruse, and because of this, a temporary traffic organization has been implemented. Traffic is in one lane with a regulated flow, controlled by the..

published on 4/18/25 10:41 AM