Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

MPs vote in favour of Bulgaria joining the euro zone on 1 July 2025.

Photo: expert.bg

114 MPs from GERB-CDF, We Continue the Change - Democratic Bulgaria, DPS and 10 independents supported the government's bill on the introduction of the euro in Bulgaria in the first reading


The bill stipulates that both currencies - the lev and the euro - will be used in the first month. For the first 6 months after the introduction, BGN banknotes and coins will be exchangeable for euro free of charge in banks and the Bulgarian Post Office. 


MPs have 3 days to submit proposals between the two readings of the bill. 


Parliament also backed a GERB draft resolution calling on the Finance Ministry, in coordination with the Bulgarian National Bank, to speed up preparations for the adoption of the single currency so that the government can request a convergence report from the European Central Bank for the country's entry into the euro area on July 1 2025.



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

19 people detained in Sofia for drug possession

Nineteen people have been detained last night for drug possession during a special police operation on the territory of Sofia, the Interior Ministry has announced. Cannabis, ecstasy and more than 400 canisters of laughing gas, as well as..

published on 11/2/24 2:46 PM

Patriarch Daniil conducts Archangel All Souls' Day memorial service

An Archangel All Souls' Day memorial service was conducted by Patriarch Daniil at the military ossuary museum at the central Sofia cemetery. In his message he stated that today we honour the memory of all of our soldiers: “They are an example..

published on 11/2/24 1:31 PM

Young people out of a job are mostly with a secondary school education

Almost half of the unemployed under the age of 29 in this country have secondary school education, indicate the latest data of the National Employment Agency. There are 17.350 people from this age bracket registered at the job centres –7,570 of..

published on 11/2/24 11:51 AM