Text size

BNB Governor: We are this close to joining the euro zone

published on 7/13/23 5:07 PM

Photo: BTA

1 January 2025, if efforts are made, is a possible and realistic date for Bulgaria's accession to the euro area. This is what Bulgarian National Bank Governor Dimitar Radev said during a hearing in Parliament. In his words, BNB and the Bulgarian banking sector are already part of it. He said that the banking sector and currency stability are the most complex criteria for a country to join the euro area, and Bulgaria has met these criteria in 2020.

"We are this close to joining the euro area and it is strange to start thinking now about whether to accept the common European currency," he stressed.

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

Radio Bulgaria News BNB governor common European currency Dimitar Radev euro zone joining the euro parliament

More from category

Bulgaria sending troops to Ukraine is out of the question, PM Glavchev assures

Bulgaria sending troops to Ukraine is out of the question , caretaker Prime Minister Dimitar Glavchev said at the beginning of his hearing in parliament. Glavchev was briefing MPs on Bulgaria's position at the upcoming NATO summit in Washington. In his..

published on 7/4/24 11:29 AM

GERB will no longer take part in negotiations, party leader says

GERB leader Boyko Borissov said that his party would no longer take part in negotiations and that the next step would be elections. Speaking on the sidelines of Parliament, Borissov pointed out that after the rejection of GERB's government..

published on 7/4/24 11:06 AM

No government likely with PP-DB mandate, MP Lena Borislavova says

Upon entering Parliament, Lena Borislavova of the PP-DB commented on Delyan Peevski's indication that he would expel the rogue DPS MPs as his move to make the DPS a third political force. Yesterday, 30 DPS deputies supported the GERB-SDS proposal for a..

published on 7/4/24 10:40 AM