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

Bulgaria’s Parliament adopts conclusively the Law on the Introduction of the Euro

Photo: BTA

Without discussion and debates, the parliament adopted conclusively the Law on the Introduction of the Euro in Bulgaria. 167 MP from GERB-SDS, the Movement for Rights and Freedoms (DPS) and We Continue the Change-Democratic Bulgaria voted in favour, 48 MPs voted against and 13 MPs abstained. 

The cabinet is obligated to request an extraordinary report from the European Commission on the country's progress towards adopting the euro once it manages to meet the inflation criterion – the only one it has not met so far. Within 14 days after meeting this criterion, the cabinet is also obligated to propose the adoption of the euro from July 1, 2025. So far, countries have not been accepted into the Eurozone in the middle of the year, but there is no established rule that this must necessarily happen at the beginning of the calendar year. The actual date for the introduction of the euro will be determined by a Decision of the EU Council.




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

Bulgaria marks 188 years since the birth of Vasil Levski

On July 18, Bulgaria marks the 188th anniversary of the birth of Vasil Levski with a series of commemorative events. The main celebrations are taking place in Karlovo, the birthplace of the Apostle of Freedom. Prime Minister Rosen Zhelyazkov will..

published on 7/18/25 10:06 AM

Sofia Appellate Court leaves Varna Mayor Blagomir Kotsev in custody

The Sofia Appellate Court has left Varna Mayor Blagomir Kotsev and the two municipal councilors Nikolay Stefanov and Yordan Kateliev in custody. Businessman Ivaylo Marinov has been released under a recognizance bond. It is believed that the mayor's..

published on 7/18/25 9:12 AM

Albena resort will attract fans of horse sports for Bulgarian Cup in Show Jumping

In the midst of the summer season, many emotions await equestrian sports lovers in Bulgaria's Black Sea resort of Albena. On July 18 and 19, the second round of the "Bulgarian Cup" in show jumping will be held there.  For the first time, the cup is..

published on 7/18/25 6:05 AM