Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Bulgaria meets the criteria for Eurozone membership

Photo: Reuters

At the end of 2024, Bulgaria's macroeconomic indicators fully met the Maastricht criteria for Eurozone membership, BGNES informs.

According to Eurostat data, inflation from June to November was below 3%, which is a requirement for adopting the single currency. The other important indicator for entering the Eurozone is the budget deficit, which will also be within 3%. In addition, Bulgaria has the lowest unemployment in recent years of about 4% and the debt to Gross Domestic Product ratio is nearly two times lower than the set criterion of 60%.

The European Commission's forecasts for Bulgaria’s economic development are positive - this year inflation is to decrease to 2.3% and the fiscal deficit is to reach 2.8%. Based on these data, economists believe that Bulgaria can become a member of the Eurozone in the middle of this year or in early 2026.



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

MEP Nikola Minchev

EP decides whether to lift the immunity of Nikola Minchev and four other MEPs

The European Parliament has launched a procedure at the request of the  Belgian  authorities of to lift the immunity of five MEPs, including former Bulgarian National Assembly Speaker Nikola Minchev from the “Renew Europe” group, BTA..

published on 5/22/25 9:49 AM

Bulgaria and 15 other EU countries: Third countries should support the European initiative to end the war in Ukraine

Bulgaria and 15 other EU countries sent a letter to Kaja Kallas, EU High Representative for Foreign Affairs and Security Policy, calling on her to initiate joint diplomatic efforts aimed at securing global support for a ceasefire in Ukraine, the..

published on 5/22/25 9:00 AM

Expect more sunshine, rain, and unsettled weather

On Thursday, lows will be between 9 and 13°C, reaching 9°C in Sofia. It will be mostly sunny during the day, but the atmosphere will be unstable with the development of cumuliform clouds around noon. Rain is expected, and thunderstorms and hail are also..

published on 5/21/25 7:05 PM