Text size

EC: Bulgaria still not meeting eurozone criteria

published on 6/26/24 1:51 PM

Photo: pixabay

Bulgaria fulfils three of the Maastricht criteria for joining the euro zone, but still does not meet the price stability and inflation targets, according to a report by the European Commission, as quoted by BTA. Bulgaria does not currently meet the requirements for adopting the single currency, the assessment said. It is reported that the country has almost fully aligned its legislation with the rules of the eurozone, including in relation to the budget, the exchange rate of the lev and long-term interest rates.

The inflation criterion is also expected to be met by the end of the year. Then Sofia will request an extraordinary report from the European Commission and the European Central Bank on joining the eurozone, the Bulgarian National Bank announced, BGNES reports.

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

Radio Bulgaria Economy criteria ec euro zone inflation stabiliti

More from category

Bulgaria ranks second in the EU for annual economic growth

In the second quarter of 2025, Bulgaria recorded the second-highest GDP annual growth in the European Union with a rise of 3.4% compared to the same period last year, according to Eurostat data. Compared to the previous quarter of 2025, Bulgaria..

published on 9/6/25 4:09 PM

Budget 2025 proves unworkable – the reasons, and what lies ahead

Bulgaria’s state budget for 2025 does not add up. “The genie is out of the bottle – the state has never spent at such a pace,” warn financial experts. With only a few months left in the year, and despite the strenuous efforts of institutions such as the..

published on 9/4/25 12:59 PM

The deal with Botaş ‘decapitalises’ state-owned supplier Bulgartransgaz, Bulgaria’s energy minister said

Bulgaria’s state gas supplier Bulgartransgaz has been “decapitalised” by a contract with Turkish company Botaş, Energy Minister Zhecho Stankov warned on Thursday, saying the deal could also threaten gas supplies to local district heating companies...

published on 9/3/25 5:13 PM

WEATHER

Pick city: Sofía

Partly Cloudy
Min: 7 | Max: 13

BULGARIA IN PICTURES

Which world-famous Bulgarian artist designed QSL cards for Radio Bulgaria?

Ministry of Innovation and Growth presents Bulgaria’s first interactive investment map

The Ministry of Innovation and Growth has presented the country’s first interactive investment map . The platform aims to provide Bulgarian and foreign..

published on 10/17/25 10:37 AM

Share