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

Bulgaria becomes the 21st member of the Eurozone

The EU Council on Economic and Financial Affairs (ECOFIN) unanimously approved the final three acts enabling Bulgaria’s accession to the eurozone. Earlier, MEPs in Strasbourg had adopted the report supporting Bulgaria’s admission to the euro area...

published on 7/8/25 3:25 PM
Zhecho Stankov

With pipes from India, Bulgaria accelerates construction of gas pipeline to Central Europe

 A second ship carrying pipes for the Vertical Gas Corridor project, which will connect Greece and Romania, has arrived at the Port of Burgas. Energy Minister Zhecho Stankov oversaw the delivery. "These 2,526 pipes from India..

published on 7/8/25 3:16 PM

EP rejected a request by an MEP from the Vazrazhdane party

Before approving Bulgaria's accession to the eurozone by an absolute majority, the European Parliament in Strasbourg rejected a request by a Vazrazhdane MEP for the vote to be postponed. The request was tabled by Rada Laykova, a member of the Europe..

published on 7/8/25 2:45 PM