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

Bulgaria will be ready for the Eurozone in 2024

Dimitar Radev, governor of Bulgarian National Bank
Photo: BGNES

The Governor of the Bulgarian National Bank Dimitar Radev pointed to the year 2024 as a realistically possible deadline for Bulgaria's accession to the euro area. He made the statement during a video conference organized by the American Chamber of Commerce.

Bulgaria's banking system entered the Covid-19 crisis much better prepared than many other European systems, Radev said. 
The BNB Governor also answered a number of questions related to the direct supervision by Frankfurt of five systemic banks registered in Bulgaria, as well as the fulfillment of the Maastricht criteria. Bulgaria has a good chance to adhere to them until 2024, and the commitments made for the period of stay in the currency mechanism must be fulfilled, Dimitar Radev added.



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

Wednesday will be cloudy with occasional sunny spells and brief showers in the east

On Wednesday, the lowest temperatures will range between 6°C and 11°C, around 7°C in Sofia. Cloud cover will remain significant over most of the country, with rain showers in parts of Eastern Bulgaria and the mountains, more intense in the Rhodope..

published on 10/14/25 6:40 PM

IMF predicts growth of Bulgarian economy

In its new World Economic Outlook report, the IMF has raised its forecasts for Bulgarian economic growth this year and next, compared to its estimates from April. At the same time, IMF expects increase in inflation, as well as a decrease in the..

published on 10/14/25 6:20 PM

Bulgarian Association of Information Technologies turns 30

The current year 2025 marks the 30 th anniversary of the Bulgarian Association of Information Technologies (BAIT). Speaking to BTA, the chair of BAIT, Irina Radoeva, said that the information technology industry is the fastest growing. More than..

published on 10/14/25 6:12 PM