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Bulgaria can become part of the Eurozone in 2025, says IMF's Jean-Francois Dauphin

published on 3/19/24 4:32 PM

Jean-François Dauphin, head of the IMF mission

Photo: BTA

The head of the regular mission of the International Monetary Fund in Bulgaria, Jean-Francois Dauphin, has presented the results of the review of the Bulgarian economy and financial system. The fund's mission began on March 6 and ends today.

"Bulgaria's accession to the Eurozone in 2025 is realistic," said Dauphin. According to him, joining the euro will reduce some of the risks facing the Bulgarian economy. The fund's regular mission expects the Bulgarian economy to grow by 2.7% this year and inflation to be 3.5%.

Among the fund's long-term recommendations is the abolition of the maximum insurance threshold and the introduction of a progressive income tax scale.

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Radio Bulgaria Economy Eurozone IMF International Monetary Fund Jean-François Dauphin

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62% of Bulgarian workers earn less than the living wage

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published on 4/22/25 11:21 AM

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Bulgaria’s debt for 2024 amounts to BGN 48.846 billion (EUR 24 billion), or 24.1% of the country’s GDP, preliminary data from the National Statistical..

published on 4/22/25 12:16 PM

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Bulgaria can become part of the Eurozone in 2025, says IMF's Jean-Francois Dauphin

More from category

Bulgaria’s debt for 2024 amounts to 24.1% of the GDP

62% of Bulgarian workers earn less than the living wage

"Flower in a Test Tube" – a biotechnology startup that tells the story of the power of the human spirit

62% of Bulgarian workers earn less than the living wage

Bulgaria’s debt for 2024 amounts to 24.1% of the GDP