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

MPs vote in favour of Bulgaria joining the euro zone on 1 July 2025.

Photo: expert.bg

114 MPs from GERB-CDF, We Continue the Change - Democratic Bulgaria, DPS and 10 independents supported the government's bill on the introduction of the euro in Bulgaria in the first reading


The bill stipulates that both currencies - the lev and the euro - will be used in the first month. For the first 6 months after the introduction, BGN banknotes and coins will be exchangeable for euro free of charge in banks and the Bulgarian Post Office. 


MPs have 3 days to submit proposals between the two readings of the bill. 


Parliament also backed a GERB draft resolution calling on the Finance Ministry, in coordination with the Bulgarian National Bank, to speed up preparations for the adoption of the single currency so that the government can request a convergence report from the European Central Bank for the country's entry into the euro area on July 1 2025.



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

Changeable weather with sunny spells, clouds and rain showers

On Sunday there will be more sunny hours before noon, with rainfall mainly in the south-eastern regions. In the afternoon there will be rainfalls over the western and central regions of Bulgaria. The lowest temperatures will be..

published on 9/14/24 6:05 PM
Istanbul

The school year has already started for the Bulgarian school in Istanbul

On September 14, the school bell rang for 65 students and teachers at the Bulgarian Sunday school "Sts. Cyril and Methodius" in Istanbul. In the Bulgarian Exarchate, which houses the only Bulgarian school in the metropolis, a..

published on 9/14/24 5:46 PM
Monument to Ivan Mihaylov in Blagoevgrad

Monument to Ivan Mihaylov unveiled in Blagoevgrad

A bust-monument of the leader of IMRO, Ivan Mihaylov, was unveiled in the City Garden of Blagoevgrad. The bust is the work of sculptor Alexander Haitov. The funds for the monument were raised by an initiative committee. The memorial..

published on 9/14/24 5:15 PM