Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Inflation hinders Bulgaria's entry into the Eurozone

Photo: EPA/BGNES-archive

Bulgaria will not be able to join the Eurozone at the beginning of 2024, because it has not adopted three crucial bills and does not meet the inflation criterion. According to experts, the country may adopt the single currency in mid-2024 at the earliest. 

According to Valdis Dombrovskis, Executive Vice-President of the European Commission for An Economy that Works for People, January 1, 2025 is a possible date for Bulgaria’s Eurozone entry. For the purpose, Bulgaria has to meet the Maastricht criteria with inflation being the main problem. Valdis Dombrovskis is paying a two-day visit to Bulgaria to discuss issues related to Bulgaria's Eurozone membership, the country's Recovery and Resilience Plan, as well as other topics on the European agenda.




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

Vasil Levski Airport in Sofia

Regular flights from Sofia to the US expected from spring 2026

The first regular direct flights between Bulgaria and the United States are expected to begin in April 2026, Transport and Communications Minister Grozdan Karadzhov said during the national discussion “Tourism and Air Connectivity: Traditional..

published on 10/24/25 1:45 PM

The sale of Lukoil’s assets in Bulgaria will take place only after a decision by the Council of Ministers and approval from DANS

Bulgaria’s National Assembly approved at second reading amendments to the Investment Promotion Act. Under the changes, the assets of the Russian company Lukoil in Bulgaria can be sold only after a decision by the Council of Ministers and following a..

published on 10/24/25 12:04 PM

Priеmier Zhelyazkov convenes a meeting with ministers in connection with the sanctions on Lukoil

Bulgaria’s Prime Minister Rosen Zhelyazkov is convening a working meeting with ministers in connection with the United States’ decision to impose sanctions on Rosneft and Lukoil. The meeting is scheduled for 11:00 a.m. on Friday. Premier Zhelyazkov..

published on 10/24/25 8:57 AM