Text size

Bulgaria to request euro area convergence report once criteria are met

published on 1/31/25 3:07 PM

Temenuzhka Perkova

Photo: BTA

Bulgaria will not yet request an extraordinary convergence report - a key step towards joining the eurozone. This was announced by Finance Minister Temenuzhka Petkova from the rostrum in Parliament.

She said that during her meetings with the EU Commissioner for Finance, the President of the Eurogroup and the President of the European Central Bank, she had received signals that Bulgaria would have to meet all the criteria before joining the the eurozone.

Ruling majority concerned whether it would be able to achieve 3% budget deficit

Petkova noted that as of December 2024, Bulgaria's inflation rate was 0.1 per cent above the reference value. "Of course, we will ask for a convergence report as soon as possible, but first we have to meet the necessary criteria," she stressed.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria News convergence report eurozone parliament temenuzhka petkova

More from category

The government remains intolerant of corruption

The government will remain intolerant of any form of corruption. This was what Prime Minister Rosen Zhelyazkov said from the parliamentary rostrum regarding the investigation by the European Public Prosecutor's Office into the..

published on 4/4/25 11:13 AM

Increase in toll taxes will seriously affect Bulgarian carriers

The increase in toll taxes seriously affects international carriers and all those involved in this activity in the country. Despite the meeting between representatives of carriers and the Minister of Regional Development and Public Works, Ivan Ivanov,..

published on 4/4/25 10:20 AM

Bulgarian President Rumen Radev (L) and King Abdullah II of Jordan in Sofia, April 3.

Sofia hosts Aqaba Process meeting with focus on Balkans

Bulgarian President Rumen Radev and Jordan's King Abdullah II will be hosting a high-level meeting under the Aqaba Process initiative, focusing on security challenges in the Balkans. King Abdullah II of Jordan visits Sofia to co-chair high-level..

published on 4/4/25 7:35 AM