Bulgaria will not adopt the Euro as of January 1, 2024, caretaker Minister of Finance Rositsa Velkova said. At the Eurogroup meeting at the beginning of this week Bulgaria was not heard about its readiness, although the topic was on the agenda. The reason is that the country does not meet the inflation criterion and that the adoption of the necessary legislation is lagging behind, Minister Velkova said.
January 1, 2025 is the new target date for the adoption of the Euro, Rositsa Velkova added.
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