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

Bulgaria maintains its objective of replacing the Lev with the euro in 2024

Photo: EPA/BGNES

Even though the deficit will exceed the criteria for entry into the Eurozone, Bulgaria maintains the objective of introducing the single currency in 2024.

This is made clear by the convergence programme for the 2021-2023 period voted by the cabinet on 5 May and posted to the website of the Ministry of Finance today, BNR's Marta Mladenova reports.

The country is expected to end 2023 with a 3.1% deficit, which exceeds the 3% Maastricht ceiling, the convergence programme shows.



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