Economists and financiers have started a petition demanding that a request for an extraordinary convergence report on the introduction of the euro in Bulgaria be submitted no later than February. "If urgent action is not taken by the government for Bulgaria’s entry into the Eurozone, the risk of a new wave of social demands and political demagoguery will escalate, leading to a weakening of fiscal and financial discipline", the authors warn.
Bulgaria to request euro area convergence report once criteria are met
57% of Bulgarians are against the adoption of the euro in principle, 39% are for: survey
According to them, delaying the request for such a report will postpone the introduction of the single currency in Bulgaria indefinitely. "With this unprincipled decision, citizens, companies and investors in Bulgaria will be unjustifiably exposed to a number of explicit and implicit risks. It may also lead to a political decision to abandon the fixed exchange rate of the lev to the euro, which would suspend the functioning of the currency board and existentially threaten the stability of the monetary, financial and social system", the economists point out.
According to a survey by the sociological agency "Myara" from January, 57.1% of Bulgarians are against the adoption of the euro in principle.
Tuition fees at state universities should not exceed 75% of the expenses for the training. This was what MPs decided with amendments to the Higher Education Act adopted on Wednesday at first reading. It is expected that after the..
The European Parliament's annual report on the progress of the Republic of North Macedonia on its path to the EU was adopted today in Strasbourg. This is the first report on the progress of the Republic of North Macedonia on its..
Bulgarian Sunday School "ABV" in Finland has announced the creation of a new online Bulgarian language course for foreigners. The publication on the official website of the educational center reads that the 45-minute classes in the..
With 531 votes in favour, 69 against and 79 abstentions, the European Parliament approved Bulgaria's accession to the eurozone on 1 January 2026...
During its plenary session in Strasbourg today, the European Parliament is scheduled to vote on Bulgaria’s accession to the eurozone on 1 January 2026...
The EU Council on Economic and Financial Affairs (ECOFIN) unanimously approved the final three acts enabling Bulgaria’s accession to the eurozone...
+359 2 9336 661