Text size

There is a chance that Bulgaria will adopt the euro on 1 January 2026, sources from Brussels said

published on 2/13/25 6:02 PM

Photo: Pixabay

If Bulgaria meets the eurozone criteria, there is nothing to stop it adopting the euro on 1 January 2026. This is what Brussels sources told BNR correspondent Angelina Piskova. They said that the decision should be taken by the EU Council. This is expected to happen in the summer. So far, the country does not only meet the price stability criterion.

Bulgaria has already announced its intention to request an extraordinary convergence report on the fulfilment of the euro area criteria. Prime Minister Rosen Zhelyazkov said this would happen after the Eurogroup meeting on 17 February.

At that meeting, the new Bulgarian government and its finance minister, Temenuzhka Petkova, intend to inform their euro area counterparts how the country is meeting the criteria. But no decision will be taken. Nor is there a deadline for assessing Bulgaria's readiness.

In any case, it will be necessary to wait for Eurostat's assessment, which will be published in the spring.

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

Radio Bulgaria News assessment brussels bulgaria euro zone

More from category

Restaurateurs from around the country discuss how to keep the 9% VAT for the industry

Restaurateurs from around the country are holding a national meeting today in Veliko Tarnovo to discuss taking measures to protect the differentiated 9% VAT rate for catering establishments, BNR’s correspondent in Veliko Tarnovo Zdravka Maslyankova..

published on 2/13/25 8:05 AM

Defence Minister Zapryanov discusses long-term support for Ukraine at Brussels NATO defence ministers meeting

Bulgaria’s Minister of Defence Atanas Zapryanov will take part in the meeting of NATO defence ministers in Brussels today. The forum will focus on strengthening the alliance’s deterrence and defence capacity, how to distribute responsibilities..

published on 2/13/25 7:10 AM

Weather continues cloudy, slight rise in temperatures

On Thursday, minimum temperatures will range from minus 5° C. to zero, reaching minus 8° C. in the Eastern parts of the country, for Sofia around minus 3° C. During the day there will be clouds over most of the country. Until midday there will be a..

published on 2/12/25 6:10 PM

WEATHER

Pick city: Sofía

Cloudy
Min: -2 | Max: 5

BULGARIA IN PICTURES

Which world-famous Bulgarian artist designed QSL cards for Radio Bulgaria?

Share

There is a chance that Bulgaria will adopt the euro on 1 January 2026, sources from Brussels said

More from category

Restaurateurs from around the country discuss how to keep the 9% VAT for the industry

Defence Minister Zapryanov discusses long-term support for Ukraine at Brussels NATO defence ministers meeting

Weather continues cloudy, slight rise in temperatures

Accusations against minister of labour and social policy for attending conference organized by Russian embassy

Parliament approves full ban on vapes at first reading

94% of workers in Bulgaria are dissatisfied with their salary: survey