Text size

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

published on 6/2/22 5:35 PM

Assen Vassilev

Photo: BGNES

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 country needs to amend more than 100 laws, including the Bulgarian National Bank law, in order to synchronise them with eurozone legislation.

The second important condition is to meet the inflation criteria. Vassilev pointed out that inflation in Bulgaria is moving ahead of other EU countries because energy and food, which are experiencing serious price increases, have a larger share in the consumer basket than in other European countries.

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

Radio Bulgaria News 2024 Bulgaria euro zone

More from category

Tuesday will be cold, rainy and windy, with snow showers

Overnight it will be mostly clear. Winds will decrease in many areas. Minimum temperatures will be between -5°C and 0°C, reaching -8°C in the highlands and valleys and around -7°C in Sofia. On Tuesday there will be scattered clouds , becoming..

published on 4/7/25 7:05 PM

Ministry of Education wants to make religion classes mandatory

The Ministry of Education and Science will offer religion classes in the mandatory curriculum, focusing on ethical, moral, cultural and historical competencies, Education Minister Krasimir Valchev told the Union of Bulgarian Teachers. "The introduction..

published on 4/7/25 5:55 PM

Divers map the most interesting underwater sites on the southern part of the Bulgarian Black Sea coast

Divers, who are members of the non-profit association "Friends of the Sea - Burgas" described and marked on a map the most interesting and visited underwater sites located on the seabed along the southern part of the Bulgarian Black Sea Coast. The..

published on 4/7/25 5:33 PM