Bulgaria will meet the final criterion of price stability for entry into the eurozone by January. After that, politicians are in charge, Bulgarian National Bank Governor Dimitar Radev has told BNT. "Politicians must try to get the final decision from the Council of the EU in 2025. The specific date for introducing the euro is a consequence of this decision and usually comes within 6 months," Radev said.
The average annual inflation for 2024 will be 2.6% and will slow down to 2.4% in 2025, according to the Autumn Macroeconomic Forecast of the Ministry of Finance. According to it, the economy will grow by 2.2% in 2024 and up to 2.8 and 3% in the next 2 years.
Bulgaria’s accession to the eurozone will reduce transaction costs with key trade and investment partners, according to the annual U.S. State Department report on the investment climate in the country, reported BGNES. The report emphasizes that..
Less than 100 days remain until Bulgaria joins the eurozone, and this is another reason to talk about the incomes of people in Bulgaria, about the Bulgarian economy, about foreign investments and about the domestic labour market which reacts the..
At the end of September, with a little over three months to go until the Rubicon in Bulgarian public finance - 1 January, 2026, when the country will officially leave the currency board and adopt the single European currency, the euro – issues..
In view of the country's declining population, the Fiscal Council recommends that the government take savings measures in the 2026 state budget...
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