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Finance Minister Assen Vassilev believes Bulgaria will be able to adopt the euro in 2025 at 3% inflation

Assen Vassilev
Photo: Anguelina Piskova, BNR

The average annual inflation in Bulgaria will be 3%, according to data of the European Central Bank and the European Commission, said Finance Minister Assen Vassilev, who is in Ghent, Belgium, for the informal meeting of EU economic and financial affairs ministers. The only criterion for accession to the Eurozone that has not been met yet – inflation – will be fulfilled this year. This means Bulgaria will be able to adopt the euro in 2025, Assen Vassilev said.

“Entry into the Eurozone calls for a stable environment and a regular government, the only thing left is the Euro Adoption Law, which is at the European Central Bank for consultation,” Bulgaria’s finance minister said, and added that the country has set in motion difficult and long-delayed legislative changes and that that they should now start working for the benefit of the citizens.

Assen Vassilev was adamant that the rotation of prime ministers will take place.

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