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

Bulgaria may ask for extraordinary report on joining the euro area

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!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Georgi Ivanov (R) and Nikolai Rukavishnikov.

46 years ago today: Georgi Ivanov became the first Bulgarian cosmonaut

On this day 46 years ago, Georgi Ivanov made history as the first Bulgarian to go into space.   On 10 April 1979, at 20:34 Moscow time, the Soyuz-33 spacecraft was launched into orbit with Georgi Ivanov and Soviet commander Nikolai Rukavishnikov on..

published on 4/10/25 1:29 PM
Kostadin Kostadinov

MECH files vote of no confidence in the government

The MECH party is filing a motion of no confidence against the government, the leader of Vazrazhdane, Kostadin Kostadinov said on the sidelines of the National Assembly. The MP said that it was organized by his political force, which..

published on 4/10/25 11:25 AM

Maximum speed on highways to become 130 km/h

Drivers should drive with a maximum speed of 130 km/h on highways, which is ten less than the current permitted speed, MPs of the parliamentary Committee on Transport decided, adopting the amendments to the Road Traffic Act at first..

published on 4/10/25 9:36 AM