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Economists call for an extraordinary convergence report on the introduction of the euro

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..

02.02.25 11:02 |
Christine Lagarde

ECB: Bulgaria is making progress in meeting the convergence criteria for the Eurozone

Bulgaria is well advanced in the process of meeting the criteria for joining the Eurozone, European Central Bank President Christine Lagarde said during her regular press conference. Christine Lagarde was asked to comment on the country’s..

30.01.25 18:39 |
Bulgarian National Bank building

Bulgarian National Bank expects Bulgaria to meet price stability requirement for entering the Eurozone

Bulgaria can meet the convergence criterion for price stability, needed for entering the Eurozone, in January 2025 and continue to meet it throughout the rest of the year, the Bulgarian National Bank (BNB) states in its macroeconomic outlook,..

29.01.25 13:16 |

The Eurozone remains a priority for the government

The convergence report for joining the Eurozone will be requested after February 18, when the draft state budget is submitted. In an interview with public broadcaster BNT, Bulgaria’s Prime Minister Rosen Zhelyazkov stated that the draft budget..

25.01.25 09:58 |
Martin Dimitrov

The opposition accuses the cabinet of boycotting Bulgaria's accession to the Eurozone

In a statement on behalf of "We Continue the Change – Democratic Bulgaria", MP Martin Dimitrov stated that the ''first action of the new government is to sabotage Bulgaria's entry into the Eurozone''. "Bulgaria meets all the criteria for joining the..

24.01.25 11:30 |

Joining the Eurozone in 2026 is a priority for the government

"I categorically want to put an end to all insinuations that Bulgaria is abandoning its goal of joining the Eurozone within the next year", said Minister of Finance Temenuzhka Petkova. "There is a procedure for us to be heard in the Eurogroup in..

24.01.25 09:26 |
Vazrazhane leader Kostadin Kostadinov

Vazrazhdane party threatens to strongly oppose Bulgaria's adoption of the euro

In a statement from the parliamentary rostrum, the leader of Vazrazhdane party, Kostadin Kostadinov, stated that his party would not allow "a national betrayal - Bulgaria's entry into the Eurozone".  According to the politician, Bulgaria..

22.01.25 12:23 |

Bulgaria has met the Eurozone inflation standard in 2024

Inflation for 2024 is 2.2% compared to the previous year, the National Statistical Institute reports. In December, this indicator was 0.4%.  Annual average inflation for the period January 2024 - December 2024 compared to the period January 2023 -..

15.01.25 11:50 |

Eurozone entry could bring benefits for Bulgarian businesses and economy

Bulgarian exports are expected to grow by 5.8% annually after Bulgaria joins the eurozone. Trade in goods could increase by 3.3%, and in the services sector, growth might reach 8.4%. This is predicted by an analysis by the trade credit insurance..

08.01.25 11:37 |
Caretaker Premier Dimitar Glavchev

Premier Glavchev is concerned about the adoption of the budget due to the blocked parliament

''The Eurozone remains a priority, but the caretaker cabinet expects the 51st Parliament to begin its work in order to discuss the state budget'', said caretaker Premier Dimitar Glavchev.  ''Who would have thought that we could get into this situation?..

02.12.24 11:32 |
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