ПРОГРАМИ
en de ru fr es sr gr al tr ro
Podcast in English
Share
Text size
Bulgarian National Radio © 2025 All Rights Reserved

At a conference in Sofia entitled Bulgaria's European Path - Accession to the Euro Area, Benefits and Challenges for Businesses

Bulgaria's banking sector already part of euro area mechanisms, says President Radev

Dimitar Radev, Governor of the BNB
Photo: BGNES

For Bulgaria, joining the euro area is not a question of if, but when. This opinion was expressed by the Governor of the National Bank of Bulgaria (BNB), Dimitar Radev, at a conference in Sofia entitled "Bulgaria's European Path - Accession to the Euro Area, Benefits and Challenges for Businesses", organised by the Ministry of Finance. The forum was attended by Paschal Donohoe, President of the Eurogroup, who is visiting Bulgaria. 

Bulgarian National Bank (BNB) and the Bulgarian banking sector are to a large extent already part of the working mechanisms of the euro area, Bulgarian President Rumen Radev said, noting that Bulgaria is the only country in the EU that is a member of the EU Banking Union, a key institution of the euro area, without being a member of the euro zone itself. For more than a quarter of a century, he said, the country has maintained a very disciplined fiscal policy and the result is obvious - Bulgaria has the second lowest debt-to-GDP ratio in the EU. "If we continue along this path, the euro area will gain another voice of common sense in solving fiscal problems," Dimitar Radev 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.
Radio Bulgaria News    conference dimitar radev euro zone Paschal Donohoe rumen radev sofia

More from category

PM Rosen Zhelyazkov (L) and GERB leader Boyko Borissov.

GERB and DPS-New Beginning rule out early elections

‘This is not the time for early elections,’ said Prime Minister Rosen Zhelyazkov at a GERB party conference. According to BTA, he was opposed to holding elections during the country’s planned adoption of the euro in 2026. GERB chairman Boyko..

published on 10/17/25 1:12 PM
Blagomir Kotsev

Appellate Court-Sofia leaves Varna Mayor Blagomir Kotsev in custody

The Sofia Appellate Court left in custody Varna Mayor Blagomir Kotsev, who is charged with corruption and participation in an organized crime group.  The judgment is final. One of the three judges, Andrey Angelov, signed with a dissenting..

published on 10/17/25 11:03 AM

Justice Minister Georgiev discusses with the EC legislative changes related to the new payment under the RRP

Bulgaria’s Minister of Justice Georgi Georgiev conferred in Brussels with the European Commission team responsible for the Resilience and Recovery Plan (RRP) reforms in Bulgaria, reported the Ministry of Justice. EC: RRP payment depends on..

published on 10/17/25 9:51 AM

WEATHER
Pick city: Sofía
Mostly Cloudy
Min: 6 | Max: 14
Partly cloudy, chance of rain
Min: 13 | Max: 17
Mostly Cloudy
Min: 12 | Max: 16
Clear
Min: 8 | Max: 16
Partly Cloudy
Min: 7 | Max: 13
Partly Cloudy
Min: 8 | Max: 13
Partly Cloudy
Min: 6 | Max: 12
Partly Cloudy
Min: 9 | Max: 14
Cloudy
Min: 11 | Max: 16
Partly Cloudy
Min: 7 | Max: 16
Partly Cloudy
Min: 8 | Max: 13
Partly Cloudy
Min: 7 | Max: 15
Mostly Cloudy
Min: 11 | Max: 17
Partly Cloudy
Min: 7 | Max: 14
Partly Cloudy
Min: 8 | Max: 14
Mostly Cloudy
Min: 12 | Max: 18
Partly Cloudy
Min: 7 | Max: 14
Partly Cloudy
Min: 9 | Max: 15
Partly Cloudy
Min: 9 | Max: 14
Partly Cloudy
Min: 11 | Max: 15
Partly cloudy, chance of rain
Min: 6 | Max: 14
Partly Cloudy
Min: 7 | Max: 13
Mostly Cloudy
Min: 10 | Max: 17
Partly Cloudy
Min: 7 | Max: 14
Mostly Cloudy
Min: 12 | Max: 17
Partly Cloudy
Min: 9 | Max: 15
Mostly Cloudy
Min: 12 | Max: 17
BULGARIA IN PICTURES
Which world-famous Bulgarian artist designed QSL cards for Radio Bulgaria?
Yasen Gyuzelev
Theodore Ushev
Christo Javacheff - Christo
Ilia Peikov
Lika Yanko

BULGARIANS ABROAD

Български English Русский Deutsch Српски Français Ελληνικά Español Shqip Türkçe Română
MOST VIEWED

BNR will host 2025 Public Broadcasters International conference

The Bulgarian National Radio will host the 2025  Public Broadcasters International (PBI) Annual Conference . The prestigious forum will be held from..

published on 10/17/25 3:34 PM

Showers are expected across much of Bulgaria over the weekend

On Saturday, minimum temperatures will range from 8 to 13°C , around 9°C in Sofia. It will be mostly cloudy with rain in many areas. There will be..

published on 10/17/25 7:05 PM

Justice Minister Georgiev discusses with the EC legislative changes related to the new payment under the RRP

Bulgaria’s Minister of Justice Georgi Georgiev conferred in Brussels with the European Commission team responsible for the Resilience and Recovery Plan..

published on 10/17/25 9:51 AM

english@bnr.bg

+359 2 9336 661

Общи условия за използване на сайта | Политика за поверителност | Политика за "бисквитки"