Text size

BNB Governor: We are this close to joining the euro zone

published on 7/13/23 5:07 PM

Photo: BTA

1 January 2025, if efforts are made, is a possible and realistic date for Bulgaria's accession to the euro area. This is what Bulgarian National Bank Governor Dimitar Radev said during a hearing in Parliament. In his words, BNB and the Bulgarian banking sector are already part of it. He said that the banking sector and currency stability are the most complex criteria for a country to join the euro area, and Bulgaria has met these criteria in 2020.

"We are this close to joining the euro area and it is strange to start thinking now about whether to accept the common European currency," he stressed.

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

Radio Bulgaria News BNB governor common European currency Dimitar Radev euro zone joining the euro parliament

More from category

In Burgas Zoo animals and people can interact without barriers

The Burgas Zoo offers contact zones where visitors can interact with various animals, take pictures and feed them by hand. The zones are available year-round, the zoo reports on Facebook. They specify that the animals are social,..

published on 2/14/25 6:00 AM

After a brief warming temperatures drop

In the next 24 hours, over most of the country cloud cover will remain significant with temporary breaks. In the morning, visibility will be reduced in some places. On Friday , the wind will be weak, mainly from the east. In the..

published on 2/13/25 6:55 PM

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

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..

published on 2/13/25 6:02 PM