Text size

Bulgaria may ask for extraordinary report on joining the euro area

published on 6/4/24 4:46 PM

Metodi Metodiev

Photo: BTA

By mid-2025 Bulgaria will be ready for the Еuro area, the caretaker deputy finance minister Metodi Metodiev predicted before the financial forum in Sofia "The Noise of Money". In his words, by the end of 2024, the inflation criterion - the only one the country currently does not meet for the euro adoption - will be covered, allowing Bulgaria to request an extraordinary report.

Very soon the government will also vote on the euro law, said Metodiev, according to whom almost all reforms for Eurozone membership have been implemented.

By the end of May 2024, the treasury is expected to report a surplus of 50 million euros. At the end of April, the surplus stood at 250 million euros. The difference is due to one-off spending as well as retroactive salaries paid to employees, the finance ministry said.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria News euro Euro area Eurozone

More from category

Historical festival with international participation takes place near Gabrovo

A historical festival in the "Gradishte" area, where the ruins of an early Byzantine fortress are located, is organized today from 10:00 to 22:00 by the Regional Historical Museum - Gabrovo. The event is on the occasion of 105 years..

published on 7/5/25 5:15 AM

Yellow code for heat in all plains in the country

On Saturday , the lowest temperatures will be between 15 and 23°C. In Sofia - about 18°C. During the day, it will be sunny and hot again. It will be less hot by the sea. There will be light easterly wind. The highest temperatures..

published on 7/4/25 7:30 PM

President Radev thanked Oman for their help in freeing the crew of the Galaxy Leader

Bulgaria appreciates Oman's important role in de-escalating tensions and achieving stability and lasting peace in the region. This is according to Head of State Rumen Radev. He awarded the Presidential Medal of Honour to the visiting Omani Foreign..

published on 7/4/25 6:10 PM