Text size

Bulgaria may ask for report on euro readiness as early as January

published on 1/16/25 5:01 PM

Temenuzhka Petkova

Photo: BTA

Stabilising state finances will be the main task of the Finance Ministry, its new head Temenuzhka Petkova said at her inauguration as minister.

The only woman minister in the new cabinet, Petkova said that Bulgaria had an opportunity to introduce the euro that should not be wasted. Outgoing Finance Minister Lyudmila Petkova said that the country had completed the 2024 budget with a 3% deficit, which is one of the criteria for eurozone membership. She will remain in the ministry as deputy minister.

Premier Dimitar Glavchev: The eurozone is at our doorstep

By the end of January, Bulgaria can request an ad hoc assessment of its readiness to join the eurozone from the European Commission and the European Central Bank.

During the transition of power, it was also disclosed that the budget for this year, drafted by the acting Minister of Finance, will be revised to align with the policies of the new government.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria News ad hoc assessment euro finance minister readiness temenuzhka petkova

More from category

A warning for dangerous rainfall has been issued for 12 regions in Southern Bulgaria

On Friday, the lowest temperatures will be between 4°C and 9°C, reaching up to 12°C in the southeast, around 6°C in Sofia . During the next 24 hours, the weather will remain cloudy. It will rain in almost the entire country. During the day, rainfall..

published on 11/27/25 6:45 PM

Varna mayor Blagomir Kotsev released pending trial on €102,258 bond

The Varna District Court has released the city’s mayor, Blagomir Kotsev, on a financial bond of €102,258. Before the court’s decision was announced, supporters of the mayor and members of the We Continue the Change party gathered outside the..

published on 11/27/25 5:37 PM

Three detained and five police officers injured at last night's protest in Sofia

Three people, including an Italian citizen, were arrested during last night's protest against the adoption of the 2026 budget in front of the National Assembly, the director of the Sofia Directorate of Internal Affairs, Chief Commissioner Lyubomir..

published on 11/27/25 3:50 PM