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

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

Georgi Kadiev
Photo: Borislava Borisova

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 “The Left” party, has told the BNR. 

According to him, however, Bulgaria is moving in the right direction and has reached 64% of the average European income. "We are on the grey list for money laundering. This is a reason to reject our joining. We don't even have a regular government. Why do we claim that we are ready for the Eurozone?", he said commenting on the claims of the BNB Governor that this country's entry into the Eurozone is possible in 2025. "If I had to bet, I would rather expect us to enter in 2027, but that doesn't mean we should miss on the chance for 2026," Kadiev said.



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

Prosecutor’s office is investigating Romanian citizens for illegal migrant trafficking

The Sofia City Prosecutor’s Office has initiated pre-trial proceedings regarding an organized criminal group for the trafficking of migrants, the prosecutor’s office has announced. Evidence was collected during the investigation regarding 16..

published on 11/25/24 2:51 PM
Chief Inspector Zornitsa Shumanova (L)

Domestic violence figures have been growing steadily

The number of crimes committed in the conditions of domestic violence has gone up by 54% since the beginning of the year compared to last year, the Ministry of Interior announced on International Day for the Elimination of Violence against Women. A..

published on 11/25/24 2:36 PM
Sofia

Use of solid fuels will be banned in 9 Sofia regions

As of next year, use of solid fuels for domestic heating in buildings which are part of central heating and gas supply networks will be banned in nine Sofia regions, Deputy Mayor of Sofia Nadezhda Bobcheva announced at the opening of a round table..

published on 11/25/24 2:11 PM