Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Bulgaria may ask for extraordinary report on joining the euro area

Metodi Metodiev
Photo: BTA

By mid-2025 Bulgaria will be ready for the Еuro area, the caretaker deputy finance minister Metodi Metodiev predicted before the financial forum in Sofia "The Noise of Money". In his words, by the end of 2024, the inflation criterion - the only one the country currently does not meet for the euro adoption - will be covered, allowing Bulgaria to request an extraordinary report. 

Very soon the government will also vote on the euro law, said Metodiev, according to whom almost all reforms for Eurozone membership have been implemented.

By the end of May 2024, the treasury is expected to report a surplus of 50 million euros. At the end of April, the surplus stood at 250 million euros. The difference is due to one-off spending as well as retroactive salaries paid to employees, the finance ministry said. 



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

MPs reject amendments on gender reassignment for children in first reading

The National Assembly has rejected in first reading the five proposed amendments to the Child Protection Act . The most controversial proposals relate to gender reassignment for children under the age of 18. The bill by "There Is Such a People" (ITN)..

published on 9/26/24 2:35 PM

Bulgaria and USA discuss the progress on the acquisition of Stryker combat vehicles

The first coordination meeting with the participation of all structures involved in the contract for the acquisition of Stryker combat vehicles for the Bulgarian Land Forces was held under the leadership of Defense Minister Atanas Zapryanov. The..

published on 9/26/24 11:58 AM

Albania to be decoupled from North Macedonia on the EU accession path

''Bulgaria and North Macedonia signed a Good Neighbor Agreement, which is part of the EU enlargement plan, and no one can deviate from it, said GERB leader Boyko Borisov, who is also the chairman of the National Assembly Committee on Foreign Policy...

published on 9/26/24 11:43 AM