Text size

Eurogroup encourages Bulgaria to continue on its Euro adoption path

published on 7/16/24 11:00 AM

Photo: Archive

Eurozone finance ministers discussed the implementation of the requirements for the introduction of the European single currency in Bulgaria, Eurogroup President Paschal Donohoe said after a meeting in Brussels, BTA reports. He pointed out that according to the EU, Bulgaria meets all the requirements except for price stability.

Sofia has made good progress and we encourage it to continue with its efforts to reform and adopt the euro. This will happen after achieving sustainable convergence with the euro area, Donohoe explained.

EU economy commissioner Paolo Gentiloni said the Commission acknowledged progress on most of the requirements in the country, but expected improvements in the governance of Bulgarian state-owned companies.

Caretaker deputy prime minister and finance minister Lyudmila Petkova said that the law on the introduction of the euro has been submitted to parliament and hopes for its adoption soon.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria News euro euro adoption introduction of the euro Paolo Gentiloni Paschal Donohoe

More from category

Bulgaria will seek a system for maximum protection against drones

We want to buy a system that has maximum protection against drones. This does not mean that it has a mechanical effect on the drone, but at least that it has some electromagnetic or blocking control of the device. This was explained to BNT by Maj. Gen...

published on 10/16/25 1:22 PM

Bulgaria will seek a system for maximum protection against drones

published on 10/16/25 1:22 PM

Slovak President Peter Pellegrini with President of North Macedonia Gordana Siljanovska

Slovak Ambassador summoned to Ministry of Foreign Affairs over statements made in Skopje

Slovak Ambassador Vasil Grivna was summoned to the Ministry of Foreign Affairs over official statements made by Slovak President Peter Pellegrini during his visit to Skopje on October 14. There were unacceptable assessments made..

published on 10/16/25 10:40 AM

WEATHER

Pick city: Sofía

Mostly Cloudy
Min: 3 | Max: 16

BULGARIA IN PICTURES

Which world-famous Bulgarian artist designed QSL cards for Radio Bulgaria?

Share

Eurogroup encourages Bulgaria to continue on its Euro adoption path

More from category

Bulgaria will seek a system for maximum protection against drones

Bulgaria will seek a system for maximum protection against drones

Slovak Ambassador summoned to Ministry of Foreign Affairs over statements made in Skopje

Frost is possible in the valleys and high fields, but it will be warm during the day

Bulgaria, Greece and Romania have finalized a memorandum for joint cooperation on transport projects

European Public Prosecutor’s Office investigates fictitious mussel farm in the Black Sea