Share

Text size

Bulgarian National Radio © 2025 All Rights Reserved

Bulgaria has requested an extraordinary convergence report on the euro: PM Zhelyazkov

published on 2/25/25 11:49 AM

PM Rosen Zhelyazkov

Photo: BTA

Bulgaria has submitted a request for an extraordinary convergence report based on the understanding that the country meets the criteria for entering the Eurozone, Prime Minister Rosen Zhelyazkov said at the opening of a new production facility in Sofia.

“There are many steps that Bulgaria needs to take before it becomes clear whether it is ready to introduce the euro. The convergence report will probably be released in early June. After that, the findings of the European Central Bank, the European Commission, the Economic and Financial Affairs Council, the Eurogroup and the European Parliament will be examined and assessed. So there are many steps in which Bulgaria can show whether it is ready to introduce the euro from January 1, 2026,” Zhelyazkov also said.

Protest against the adoption of the euro to be held on February 22

He recalled that according to estimates, the gray sector in Bulgaria is about 30% and the goal is to lighten at least about 10%.

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

Radio Bulgaria News convergence report European Central Bank Eurozone Rosen Zhelyazkov

More from category

Bulgarian Judges Association raises concern over new antivirus software

Judges have opposed the introduction of a new antivirus agent on their computers. The magistrates fear that it could violate personal data protection rules and compromise the independence of the judiciary. In an official letter, the Bulgarian..

published on 11/26/25 12:21 PM

Boyko Borisov: Bulgaria will join the eurozone on January 1 despite protests

GERB leader Boyko Borisov said in Parliament that Bulgaria will become a member of the eurozone on January 1, regardless of protests organized by representatives of We Continue the Change Democratic Bulgaria (PP-DB). He was commenting on opposition..

published on 11/26/25 11:06 AM

Bulgaria at risk of non compliance with the EU's fiscal framework in 2026

Six countries, including Bulgaria, are at risk of non compliance with the EU fiscal framework in 2026. This is highlighted in the 2026 European Semester Autumn Package, adopted by the European Commission. Another 12 countries are urged to continue..

published on 11/26/25 10:06 AM

1
..
4
5
6
7
8
..
10

WEATHER

Pick city: Sofía

Mostly Cloudy
Min: -1 | Max: 8

BULGARIA IN PICTURES

Which world-famous Bulgarian artist designed QSL cards for Radio Bulgaria?

shopify analytics ecommerce
tracking