Without discussion and debates, the parliament adopted conclusively the Law on the Introduction of the Euro in Bulgaria. 167 MP from GERB-SDS, the Movement for Rights and Freedoms (DPS) and We Continue the Change-Democratic Bulgaria voted in favour, 48 MPs voted against and 13 MPs abstained.
The cabinet is obligated to request an extraordinary report from the European Commission on the country's progress towards adopting the euro once it manages to meet the inflation criterion – the only one it has not met so far. Within 14 days after meeting this criterion, the cabinet is also obligated to propose the adoption of the euro from July 1, 2025. So far, countries have not been accepted into the Eurozone in the middle of the year, but there is no established rule that this must necessarily happen at the beginning of the calendar year. The actual date for the introduction of the euro will be determined by a Decision of the EU Council.
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The euro will help, but it does not on its own guarantee higher standards of living, said Kristalina Georgieva, Managing Director of the International Monetary Fund, at the high-level conference in Sofia titled ''Bulgaria on the Doorstep of the..
The adoption of the euro from January 1, 2026, is "one of the most important stages in Bulgaria's European path'', said Premier Rosen Zhelyazkov at the high-level conference titled "Bulgaria on the Doorstep of the Eurozone" held in Boyana Residence in..
North Macedonia has still not adopted the necessary constitutional amendments aimed at including Bulgarians and other non-majority communities in the..
Bulgaria relies on the efforts of honorary consuls from around the world to help establish new partnerships in the fields of economy, trade, innovation,..
On Tuesday , the lowest temperatures will be between 8 and 13°C; in Sofia - about 8°C. During the day, it will remain cloudy. There..
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