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

Finance Minister Lyudmila Petkova: We expect to meet inflation criteria for accession to Eurozone by December

Deputy PM and Minister of Finance Lyudmila Petkova
Photo: BGNES

In December this year the Ministry of Finance will have covered the last of the criteria for accession to the Eurozone – inflation, said caretaker Deputy PM and Minister of Finance Lyudmila Petkova. Two weeks after fulfilling it, Bulgaria will ask for a new assessment, she added.

At a briefing, Minister Petkova presented the results of an analysis of the public revenues and expenditures for the 2022-2044 period, which indicates that expenditures outpace revenues.

Lyudmila Petkova also announced that at the Consultative Council on National Security, convened by the president, the question was raised of defence spending reaching 2.5% of the Gross Domestic Product of the country. However, she declined to comment on the working parameters of the budget for next year so as to prevent any speculation regarding the budget.



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

UK includes Bulgarian criminals in the "Deportation Now" scheme

Bulgarian citizens with criminal charges will be deported from the UK without the right to appeal the decision before expulsion . Bulgaria is among 15 countries added to a system called "Deportation Now, Appeal Later", BNR Horizont reported...

published on 8/11/25 6:15 PM

The Holy Trinity church in Madison is hosting its sixth annual Bulgarian festival

The Holy Trinity Bulgarian Orthodox Church in Madison, Illinois, is hosting the Sixth Annual Bulgarian Festival and invites the local Bulgarian community to join in the celebration. The event will take place on Sunday, September 28, from 12:00 p.m. to..

published on 8/11/25 4:33 PM

Consumer basket rises by 51 euro cents over the week

The prices of several essential foods increased last week . Items such as pork, yoghurt, cheese, oil, and certain fruits and vegetables—including tomatoes and cucumbers—became more expensive. As a result, the consumer basket rose by 1 lev (0.51 euro),..

published on 8/11/25 4:09 PM