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

Minister of Social Affairs says there will be no people affected negatively by the first budget in euros

Everything possible will be done to ensure that no segments of the population are negatively affected, Minister of Social Affairs Borislav Gutsanov said, speaking about the preparation of the draft budget for 2026. "I don't see..

published on 10/27/25 1:47 PM
Photo: Embassy of Bulgaria in Oslo

Bulgaria’s first honorary consulate in Norway has been officially inaugurated in Stavanger

Bulgaria’s first honorary consulate in Norway was officially inaugurated on October 24, 2025, in the city of Stavanger, the Embassy of Bulgaria in Oslo announced on Facebook. Following the performance of the national anthems of Bulgaria and..

published on 10/27/25 12:08 PM

Young bears from Ukraine have found shelter in Bulgaria

Frol and Frosia are the newest residents of the Bear Sanctuary Belitsa, according to the Four Paws Foundation, which runs the bear sanctuary in cooperation with Foundation Brigitte Bardot. The seven-year-old Frol and Frosia come from Bear Sanctuary..

published on 10/27/25 11:32 AM