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

IMF head: It is realistic that Bulgaria will enter the Eurozone in 2025

Кристалина Георгиева
Photo: BTA

I would not insist on a date, the important thing is that in 2025 Bulgaria will be in the Eurozone and that is realistic. This is how Kristalina Georgieva, the managing director of the International Monetary Fund (IMF), responded at a briefing in Sofia. 

We know that for Bulgaria entering the Eurozone is a legitimate priority. It will improve competitiveness, reduce transaction costs in trade and finance, and be more attractive for investments, Georgieva said. 

She believes that there are good conditions for the country to meet the requirements for the Eurozone by the end of the year. But the IMF recommends the Bulgarian government to be careful about the movement of prices, because inflation is a tax on people's incomes and affects the poor especially hard, reports BTA.

In response to a question about how the country's economy looks, Georgieva commented that, with the exception of inflation, Bulgaria looks good in the world and has managed to maintain growth. Inflation came from the two successive shocks - the pandemic that hit the world economy and the war in Ukraine, which for Europe, including Bulgaria, remains a significant factor, explained Georgieva.



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

"Vazrazhdane" party hold protest against the euro and the visit of Christine Lagarde to Sofia

With shouts "No to the euro", about a hundred supporters of "Vazrazhdane" gathered to protest in front of the building of the Bulgarian National Bank (BNB) in Sofia. The protest is being held over a planned official visit of the..

published on 11/3/25 12:40 PM
Valdis Dombrovskis

EU may cut money for Bulgaria because of delayed anti-corruption reforms

It is theoretically possible that Bulgaria could apply for a third payment under the Recovery and Resilience Plan by the end of 2025, European Commissioner for Economy Valdis Dombrovskis announced in an interview with the Bulgarian..

published on 11/3/25 11:38 AM

Bulgaria to participate again in Eurovision Song Contest in 2026

Bulgaria is to participate in the prestigious Eurovision Song Contest, which will celebrate its 70th edition in 2026. The return is part of the Bulgarian National Television’s efforts to promote Bulgarian culture and talent to an..

published on 11/3/25 10:40 AM