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

BNB starts the new year with lowering the main interest rate

Photo: Ani Petrova

The Bulgarian National Bank (BNB) lowers the main interest rate to 3.79% in January 1, 2024, BTA has reported. This is the first cut in the key rate since October 2022, albeit by just 0.01% from December's level. In November, the main interest rate was 3.79%, and in October - 3.64%.

The BNB does not allocate funds for the production of euro banknotes in its 2024 budget and plans to initially borrow notes if Bulgaria enters the currency union from January 1, 2025. This is recorded in a document for the central bank's budget. Bulgaria expects to receive an invitation to join the eurozone next summer, with the indicative date being January 1, 2025, as for a month the lev and the euro will be used for payment in parallel.



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

Traditional folk costume ball to be held in the village of Boynitsa

A folk costume ball is being organized at the "Nadezhda - 1903" community center in the village of Boynitsa near Vidin. It will be held on January 11 at 6:00 p.m. in the community center hall. Admission is free. Traditionally, the event is held..

published on 1/3/25 5:49 PM

The President: The State Must Guarantee the Conditions for the Unity of the Bulgarian Orthodox Church

At a meeting with Bulgarian President Rumen Radev, His Holiness the Bulgarian Patriarch Daniil introduced him to the consequences of the final court decision on the possibility of registering a parallel "Orthodox Church" . During the conversation, Radev..

published on 1/3/25 5:19 PM
Zoran Milanović

Balkan developments

Zoran Milanović less than 1% short of being re-elected as president Croatia's incumbent President Zoran Milanović, the candidate of the opposition Social Democratic Party, won the first round of the country's presidential election on 29 December with..

published on 1/3/25 3:44 PM