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

BNB: Political processes determine whether we will introduce the euro in 2024

BNB Governor Dimitar Radev.
Photo: BGNES

Bulgarian National Bank (BNB) Governor Dimitar Radev warned that the dynamics of the political processes in Bulgaria will determine whether Bulgaria will join the euro zone in January 2024. The adoption of 100 legislative texts is needed, including a law on the adoption of the euro.


"The whole process of joining the eurozone is very much a function of the political process. We have had a major change in this process since yesterday. So it is very important how this process will develop from now on. This could speed up or slow down the introduction of the euro in Bulgaria," said Dimitar Radev.

Because of the political events of last year the process was significantly delayed and now we have 18 months to complete it, he added during a joint meeting of the parliamentary committees on budget and finance and on European affairs. Both committees are discussing a draft law for approval of the national plan for the introduction of the euro.




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

Inflation has led to higher turnover and a demand for new 100 and 50-Leva bills

During the first 9 months of 2024, the Bulgarian National Bank has put an additional 11 million 100-Leva banknotes into circulation in the country. At the beginning of the year, there were more than 131 million 100-Leva bills in circulation..

published on 10/30/24 8:49 AM

History Museum in Razgrad offers free guided tour of the ancient Abrittus

On 30 October, the Regional Museum of History in Razgrad is organizing free guided tours around the Abrittus archaeological reserve to mark the end of the tourist season. Throughout the day the public will be given a guided tour of the ancient..

published on 10/30/24 6:05 AM

Bulgarian and French polar explorers talk about the challenges in Antarctica

The Embassy of France and the French Institute in Bulgaria, in partnership with the French Polar Institute "Paul-Emile Victor", the Bulgarian Antarctic Institute, the Sofia University "St. Kliment Ohridski" and the Bulgarian National..

published on 10/30/24 5:15 AM