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

IMF head: It is realistic that Bulgaria will enter the Eurozone in 2025

Кристалина Георгиева
Photo: BTA

I would not insist on a date, the important thing is that in 2025 Bulgaria will be in the Eurozone and that is realistic. This is how Kristalina Georgieva, the managing director of the International Monetary Fund (IMF), responded at a briefing in Sofia. 

We know that for Bulgaria entering the Eurozone is a legitimate priority. It will improve competitiveness, reduce transaction costs in trade and finance, and be more attractive for investments, Georgieva said. 

She believes that there are good conditions for the country to meet the requirements for the Eurozone by the end of the year. But the IMF recommends the Bulgarian government to be careful about the movement of prices, because inflation is a tax on people's incomes and affects the poor especially hard, reports BTA.

In response to a question about how the country's economy looks, Georgieva commented that, with the exception of inflation, Bulgaria looks good in the world and has managed to maintain growth. Inflation came from the two successive shocks - the pandemic that hit the world economy and the war in Ukraine, which for Europe, including Bulgaria, remains a significant factor, explained Georgieva.



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

Sunny until noon, clouds and some rain in the afternoon

At night, precipitation will stop and the cloudiness will break and decrease. In the morning hours, short-term fog will form in the plains and around water basins. On Saturday before noon it will be mostly sunny. In the afternoon,..

published on 6/6/25 7:05 PM
Plovdiv

The second largest Bulgarian city attracts increasing number of foreign students

3,314 foreign students are studying in Plovdiv. The largest share are foreign students studying to become doctors and dentists at the Medical University – 2,577. They are from 68 countries, with the largest number coming from UK,..

published on 6/6/25 4:15 PM
Presentation of the sociological survey in the Council for Electronic Media

Listeners expect more news and music from the Bulgarian National Radio

The news and concerts broadcast by the Bulgarian National Radio (BNR) are the most listened to by the audience. This is indicated by a representative study by "Alpha Research" commissioned by the Council for Electronic Media and..

published on 6/6/25 3:35 PM