Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Dimitar Radev: The political crisis has delayed Bulgaria's entry into the Eurozone

Dimitar Radev, BNR governor
Photo: BGNES

The political crisis is at the root of the delay in Bulgaria's accession to the Eurozone. This was stated by the governor of the Bulgarian National Bank, Dimitar Radev, in his first public appearance, after it became clear that the target date - January 1, 2024, cannot be achieved, and entry into the currency union will be delayed by at least a year due to high inflation and the non-acceptance of several laws. 
With the formation of the 49th National Assembly, the caretaker cabinet will once again introduce the necessary bills in order to move Bulgaria forward on the path of the euro, stated the caretaker Minister of Finance Rositza Velkova-Zheleva.

"We hope that Bulgaria will become the 21st country to join the euro area, cementing its membership of the European family and securing its place at the core of the European process," said Valdis Dombrovskis, EC Executive Vice President, today at the "Bulgaria towards the euro" conference taking place in Sofia. 
The adoption of the euro helps promote foreign and domestic investment, leading to higher economic growth and more jobs, Dombrovskis said.



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

Two Egyptian vultures have hatched in the Rhodopes

The Bulgarian Society for the Protection of Birds announced the first successful hatching of Egyptian vultures in the wild in our country. The bird is considered the most endangered species on the Balkan Peninsula. The female..

published on 7/6/24 3:28 PM
Kiril Petkov

PP-DB will not negotiate with "Vazrazhdane" for a new government

From his Facebook profile, the co-chairman of "We Continue the Change" Kiril Petkov announced that the PP-DB coalition will not negotiate with "Vazrazhdane" to form a cabinet. He defined as "media suggestions" the claims that such..

published on 7/6/24 2:20 PM

Ukrainian embassy urges officials not to use the topic of war for political purposes

The Ukrainian Embassy in Bulgaria has called on officials and political forces to refrain from using the topic of the war for political purposes. The diplomatic mission emphasizes that Ukrainians pay the most terrible price every day..

published on 7/6/24 11:28 AM