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

Bulgaria meets the final criterion for eurozone membership and will request a convergence report

Photo: BTA

According to data from Eurostat, Bulgaria has met the final criterion for joining the eurozone, namely price stability, Minister of Finance Temenuzhka Petkova announced at the beginning of an extraordinary meeting of the Council of Ministers. She stated that today is a very important day for the country.

"Bulgaria meets the final criterion for eurozone membership. This gives us the grounds to make a decision today to submit a request to the European Commission and the European Central Bank for the preparation of extraordinary convergence reports for Bulgaria."

The extraordinary convergence report on Bulgaria's readiness to join the eurozone will be requested as soon as the work on the state budget is completed, clarified Denitsa Sacheva, deputy leader of the parliamentary group of GERB-SDS. The budget is expected to be submitted to the National Assembly today.



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

The hot weather continues on Thursday

On Thursday, the lowest temperatures will range from 13°C to 20°C, 16°C in Sofia. It will be sunny during the day and hot in the afternoon. There will be a light wind from the east-northeast, reaching moderate levels in the southeastern parts of the..

published on 7/2/25 6:45 PM

Bulgarian authorities crack down on illegal citizenship scheme in Sofia

Security agencies in Bulgaria, DANS (State Agency for National Security) and GDBOP (General Directorate Combating Organized Crime), are carrying out an operation in Sofia targeting a group suspected of illegally granting Bulgarian citizenship...

published on 7/2/25 5:56 PM

“If we can import doctors for $500, why not MPs for 500 leva?” — President Radev’s sharp retort to Toshko Yordanov

In a declaration, MPs from the We Continue the Change–Democratic Bulgaria (PP–DB) coalition called for Toshko Yordanov, the chair of the Culture Committee and an MP from There Is Such a People, to resign. This followed his controversial comments about..

published on 7/2/25 5:45 PM