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Deputy PM and Minister of Finance Lyudmila Petkova

Finance Minister Lyudmila Petkova: We expect to meet inflation criteria for accession to Eurozone by December

In December this year the Ministry of Finance will have covered the last of the criteria for accession to the Eurozone – inflation, said caretaker Deputy PM and Minister of Finance Lyudmila Petkova. Two weeks after fulfilling it, Bulgaria will ask..

05.10.24 10:30 |

EC: Bulgaria still not meeting eurozone criteria

Bulgaria fulfils three of the Maastricht criteria for joining the euro zone, but still does not meet the price stability and inflation targets, according to a report by the European Commission, as quoted by BTA. Bulgaria does not currently meet the..

26.06.24 13:51 |

Eurozone countries welcome the progress made by Bulgaria towards adopting the euro

We welcome the progress achieved by Bulgaria on its way towards adopting the euro and encourage the continued efforts towards meeting all the convergence criteria, reads a statement issued after the two-day Euro Summit in Brussels. In June,..

22.03.24 16:41 |
Bulgarian National Bank Deputy Governor Andrey Gurov

We shall know whether Bulgaria meets the criteria for the introduction of the euro in June, 2024

We shall find out whether Bulgaria meets the criteria for the introduction of the euro in June, 2024 , said Bulgarian National Bank Deputy Governor Andrey Gurov, in an interview with Nova TV. The convergence report which Bulgaria is..

25.11.23 14:17 |

What Bulgaria stands to gain (or lose) by entering the Eurozone

Accession to Schengen and the Eurozone, membership of the Organisation for Economic Cooperation and Development – these are some of the top priorities of Bulgarian diplomacy. The target date for the introduction of the single European currency is set..

03.10.23 12:52 |
The Bulgarian Foreign Ministry building

Good neighbourhood between Bulgaria and North Macedonia is the criterion for Skopje’s EU integration

The compromise attained in 2022, for North Macedonia’s European perspective has clear-cut conditions which the candidate country must meet before the negotiations open, as well as throughout the entire process of negotiations, reads the official..

29.06.23 10:25 |
Galab Donev

The caretaker cabinet has done everything it can for Bulgaria’s accession to Schengen, caretaker PM says

“The caretaker government has done a colossal amount of work so that the country may meet the membership criteria,” caretaker PM Galab Donev said in an interview with bTV, and added he does not accept the criticism coming from some political forces..

10.12.22 13:18 |
Galab Donev during the parliamentary hearing, 9 December, 2022

It is well known that Bulgaria meets Schengen criteria, prime minister says

“The criteria for Bulgaria’s accession to Schengen, which are entirely technical, were met by the country as far back as in 2011. That is known well to all members of the Schengen area, including the governments of the Netherlands and Austria,”..

09.12.22 16:48 |
Rositsa Velkova

The caretaker government continues to work for Bulgaria's accession to the euro area

Raising the minimum wage from EUR 363 to EUR 435 is a very high increase, interim Finance Minister Rositsa Velkova told BNR. She exlained that a rise of 5 euros leads to a budget deficit of 25.5 million euros. There should be an increase, but not like..

04.12.22 16:55 |

Is Bulgaria ready to enter the Eurozone?

Bulgaria’s entry into the Eurozone has, in recent weeks, entered the public domain, and vigorously. In the statements they have been making, government officials, businessmen and experts have even been making mention of the date for the..

06.06.22 13:28 |
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