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

Bulgaria’s Parliament adopts conclusively the Law on the Introduction of the Euro

Photo: BTA

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.




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

Bulgaria's 33rd Polar Expedition leaves for Antarctica

Today the 33rd Bulgarian Polar Expedition left the port of Varna for Antarctica. For the third year in a row, Bulgarian polar explorers will sail on the military research vessel "St Cyril and Methodius". This time, two cadets from Romania will be on..

published on 11/7/24 8:40 AM

Forum in Sofia examines strategies to combat misinformation

From today until 9 November, the Central Military Club in Sofia will host the Sofia Information Integrity Forum 2024 . The event will bring together world-leading experts in various fields to discuss the latest technological advances and strategies in..

published on 11/7/24 7:15 AM

Poland will repair six engines of Bulgaria’s MiG-29 jets

The Bulgarian Ministry of Defense has signed a contract with Polish state company Wojskowe Zakłady Lotnicze Nr 2 S.A. for major repair of six MiG-29 aircraft engines.  The maximum period for carrying out the repair of each engine will be no more..

published on 11/6/24 5:53 PM