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Assen Vassilev

Bulgaria may join the euro zone in 2024, but needs to change its laws

The state budget update will be submitted to parliament next week, Finance Minister Assen Vassilev said in parliament.  He affirmed that according to Brussels' assessment, the euro could be adopted in Bulgaria by early 2024, but that the..

02.06.22 17:35 |
Dimitar Radev, governor of Bulgarian National Bank

Bulgaria will be ready for the Eurozone in 2024

The Governor of the Bulgarian National Bank Dimitar Radev pointed to the year 2024 as a realistically possible deadline for Bulgaria's accession to the euro area. He made the statement during a video conference organized by the American Chamber of..

13.11.20 19:23 |

Currency board in Bulgaria: twenty years later - pros and cons

In the past twenty years Bulgaria’s macroeconomic indicators and public finance have been subject to the so-called currency board which was introduced on July 1, 1997. A currency board is a monetary authority which is required to..

03.07.17 13:40 |
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