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

Premier Glavchev expects Bulgaria to achieve price stability by the end of the year

Caretaker Premier Dimitar Glavchev
Photo: gov.bg

According to the e 2024 EU Convergence Reports, Bulgaria meets three of the four criteria for membership in the Eurozone, namely: stability of public finances (budget balance and public debt), the exchange rate and the long-term interest rate. 

''Once Bulgaria fulfills the final criterion—price stability, extraordinary Convergence Reports will be requested immediately from the European Commission and the European Central Bank'', caretaker Premier Dimitar Glavchev told journalists in Brussels regarding Bulgaria’s Eurozone membership. Dimitar Glavchev expressed hope that the country will meet this criterion by the end of the year. He clarified that the National Statistical Institute data from August confirms the trend of slowing inflation in the country.




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

BNB issues a a silver commemorative coin dedicated to the 175 birth anniversary of Ivan Vazov

On July 7, the Bulgarian National Bank (BNB) puts into circulation a silver commemorative coin titled "175 Years Since the Birth of Ivan Vazov", BNB announced on its website.  The coin is part of the "Bulgarian National Revival" series. The silver..

published on 7/7/25 9:46 AM

New lane to ease truck traffic at Danube Bridge in Ruse

A new lane for heavy trucks over 12 tons will be opened at the Danube Bridge in Ruse, announced Ruse Regional Governor Dragomir Draganov. The initiative comes from the National Customs Agency, which collects the toll for crossing the facility,..

published on 7/7/25 9:18 AM
Doncho Barbalov

Around 35% of Bulgaria’s exports to the United States could be affected by potential new US tariffs

''The potential negative effect for Bulgaria from a possible introduction by the U.S. of a 25% tariff on EU goods would amount to USD 678 million . This would mean a 0.49% annual decrease in the country’s total exports compared to the levels..

published on 7/7/25 8:55 AM