Podcast in English
Text size
Bulgarian National Radio © 2026 All Rights Reserved

Bulgaria may join the euro zone in 2024, but needs to change its laws

Assen Vassilev
Photo: BGNES

The state budget update will be submitted to parliament next week, Finance Minister Assen Vassilev said in parliament. 

He affirmed that according to Brussels' assessment, the euro could be adopted in Bulgaria by early 2024, but that the country needs to amend more than 100 laws, including the Bulgarian National Bank law, in order to synchronise them with eurozone legislation. 
The second important condition is to meet the inflation criteria. Vassilev pointed out that inflation in Bulgaria is moving ahead of other EU countries because energy and food, which are experiencing serious price increases, have a larger share in the consumer basket than in other European countries.




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

Prime Minister Rosen Zhelyazkov supports the peace plan for Ukraine

“Borders cannot be changed by force, and Ukraine’s long-term security must be guaranteed”, Bulgaria’s Premier Rossen Zhelyazkov said during a videoconference meeting of the “Coalition of the Willing”, led by French President Emmanuel Macron and UK..

published on 11/26/25 8:57 AM

Bulgaria and China discuss cooperation in the automotive sector

Business forum on the topic "Bulgaria - China: cooperation in the automotive sector" is being held on November 26 in Sofia. Its organizers are the Bulgarian Chamber of Commerce and Industry and the Embassy of the People's Republic of..

published on 11/26/25 7:30 AM

Draft budget 2026 sparks protests

The Bulgarian Industrial Capital Association has called for participation in a protest on November 26 against the budget for 2026, which is about to be adopted at second reading. "We call not only our members, but also all..

published on 11/26/25 6:50 AM