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

Bulgaria meets the criteria for Eurozone membership

Photo: Reuters

At the end of 2024, Bulgaria's macroeconomic indicators fully met the Maastricht criteria for Eurozone membership, BGNES informs.

According to Eurostat data, inflation from June to November was below 3%, which is a requirement for adopting the single currency. The other important indicator for entering the Eurozone is the budget deficit, which will also be within 3%. In addition, Bulgaria has the lowest unemployment in recent years of about 4% and the debt to Gross Domestic Product ratio is nearly two times lower than the set criterion of 60%.

The European Commission's forecasts for Bulgaria’s economic development are positive - this year inflation is to decrease to 2.3% and the fiscal deficit is to reach 2.8%. Based on these data, economists believe that Bulgaria can become a member of the Eurozone in the middle of this year or in early 2026.



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

Manol Genov

BSP has not received an invitation to resume negotiations on forming a government

Negotiations for the formation of a regular government within the 51st National Assembly have not resumed at this stage. At the end of last week, GERB-SDS announced that they were terminating the negotiations with Democratic Bulgaria, BSP-United Left..

published on 1/7/25 2:47 PM

We Continue the Change–Democratic Bulgaria proposes amendments to the Electoral Code

We Continue the Change – Democratic Bulgaria has submitted a bill to amend the Electoral Code to ensure that the votes of Bulgarian citizens are counted according to their free will. "Because of the obvious shortcomings of the current practice and..

published on 1/7/25 1:32 PM

The National Guards to receive additional remuneration

Servicemen in the National Guard Unit will receive additional monthly remuneration in the amount of 102 euros when preparing for holding official ceremonies and military rituals, it has become clear from the State Gazette. For..

published on 1/7/25 11:15 AM