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

Bulgaria’s Parliament adopts conclusively the Law on the Introduction of the Euro

Photo: BTA

Without discussion and debates, the parliament adopted conclusively the Law on the Introduction of the Euro in Bulgaria. 167 MP from GERB-SDS, the Movement for Rights and Freedoms (DPS) and We Continue the Change-Democratic Bulgaria voted in favour, 48 MPs voted against and 13 MPs abstained. 

The cabinet is obligated to request an extraordinary report from the European Commission on the country's progress towards adopting the euro once it manages to meet the inflation criterion – the only one it has not met so far. Within 14 days after meeting this criterion, the cabinet is also obligated to propose the adoption of the euro from July 1, 2025. So far, countries have not been accepted into the Eurozone in the middle of the year, but there is no established rule that this must necessarily happen at the beginning of the calendar year. The actual date for the introduction of the euro will be determined by a Decision of the EU Council.




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

Civil activists await Europe's response to changes in the Education Act

More than 160 Bulgarian civil organizations, including the National Network for Children, have sent an open letter to a number of European institutions, organizations, embassies and diplomatic missions regarding the legislative changes banning..

published on 9/16/24 6:25 PM
Kamelia Neykova

The Central Election Commission and the Council of Ministers promise fair elections

The Central Election Commission and the Council of Ministers will work together to increase confidence in the electoral process and ensure transparency in the elections, the Central Election Commission’s Chairperson Kamelia Neykova said after a..

published on 9/16/24 5:42 PM

Unions, businesses and the government in Bulgaria fail to agree on poverty line

The National Council for Tripartite Cooperation held a meeting at which a draft decree of the Council of Ministers was considered on determining the poverty line for the country for 2025 . The Government proposes to raise the poverty line from 526 BGN..

published on 9/16/24 5:31 PM