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

Bulgaria expresses condolences and sympathy for the victims of the deadly attack in Damascus

The news of the terrorist attack against the Orthodox St. Elias Church in the suburbs of Damascus, carried out on June 22, 2025, shook the Orthodox community in Bulgaria and provoked sharp reactions against the violence towards..

published on 6/24/25 11:03 AM

Bulgaria celebrates Midsummer's Day

On June 24, we celebrate the Nativity of St. John the Baptist, known among Bulgarians as Enyovden (Midsummer's Day). For Christians, after the Blessed Virgin Mary St. John the Baptist is the most revered among those born of women...

published on 6/24/25 8:54 AM
Iliana Iotova

Vice President Iliana Yotova to deliver a lecture at Jagiellonian University in Krakow

At the invitation of Jagiellonian University, one of the oldest universities in Europe, founded in 1364 , Vice President Iliana Yotova will be in Krakow, Poland on 24 and 25 June. Yotova will deliver a lecture entitled History, Culture and Education..

published on 6/24/25 7:35 AM

WEATHER
Pick city: Sofía
Partly Cloudy
Min: 17 | Max: 38
Clear
Min: 20 | Max: 35
Clear
Min: 20 | Max: 34
Clear
Min: 17 | Max: 39
Partly Cloudy
Min: 22 | Max: 38
Clear
Min: 18 | Max: 39
Clear
Min: 19 | Max: 38
Clear
Min: 19 | Max: 39
Clear
Min: 17 | Max: 39
Partly Cloudy
Min: 15 | Max: 38
Partly Cloudy
Min: 19 | Max: 39
Clear
Min: 20 | Max: 39
Clear
Min: 17 | Max: 39
Partly Cloudy
Min: 14 | Max: 35
Clear
Min: 20 | Max: 39
Clear
Min: 17 | Max: 40
Clear
Min: 21 | Max: 38
Clear
Min: 22 | Max: 41
Clear
Min: 25 | Max: 38
Clear
Min: 21 | Max: 38
Partly Cloudy
Min: 14 | Max: 34
Partly Cloudy
Min: 23 | Max: 36
Clear
Min: 16 | Max: 40
Clear
Min: 20 | Max: 38
Clear
Min: 18 | Max: 40
Clear
Min: 16 | Max: 39
Clear
Min: 18 | Max: 39
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

Bulgarian Foreign Ministry issues warning over national strike in Belgium on 25 June

The Bulgarian Ministry of Foreign Affairs (MFA) has issued a warning about a national strike in Belgium on 25 June 2025, organised by the trade unions...

published on 6/24/25 5:53 PM

Bulgaria’s MFA: Our concerns regarding North Macedonia are linked to the rights of Bulgarians to self-determination

The Ministry of Foreign Affairs has taken note of the European Parliament’s Foreign Affairs Committee (AFET) report on the Republic of North Macedonia’s..

published on 6/24/25 4:26 PM

Bulgaria is hosting the Best Warrior International Military Competition

The inaugural International Military Competition, 'Best Warrior', is set to take place on 25 and 26 June 2025 at the Vasil Levski National Military..

published on 6/25/25 7:35 AM

english@bnr.bg

+359 2 9336 661

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