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

Eurogroup encourages Bulgaria to continue on its Euro adoption path

Photo: Archive

Eurozone finance ministers discussed the implementation of the requirements for the introduction of the European single currency in Bulgaria, Eurogroup President Paschal Donohoe said after a meeting in Brussels, BTA reports. He pointed out that according to the EU, Bulgaria meets all the requirements except for price stability. 

Sofia has made good progress and we encourage it to continue with its efforts to reform and adopt the euro. This will happen after achieving sustainable convergence with the euro area, Donohoe explained. 

EU economy commissioner Paolo Gentiloni said the Commission acknowledged progress on most of the requirements in the country, but expected improvements in the governance of Bulgarian state-owned companies. 

Caretaker deputy prime minister and finance minister Lyudmila Petkova said that the law on the introduction of the euro has been submitted to parliament and hopes for its adoption soon.




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

Part of the 2G and 3G networks in Bulgaria to be switched off in 2025

Some of the existing mobile networks in Bulgaria will be switched off in 2025. The Chairman of the Communications Regulation Commission, Ivan Dimitrov, explained that the frequency resource will be reallocated, creating opportunities for better..

published on 2/2/25 5:21 PM

New week starts with clouds and lower temperatures

During the night, fog and low clouds will persist in the plains and valleys. The lowest temperatures in most areas will range from 0°C to 5°C, for Sofia around 1°. On Monday, the wind will shift from the northwest, in Eastern Bulgaria from the..

published on 2/2/25 5:20 PM

Vice President Iotova: The postponement of the euro area convergence report is not fatal

The postponement of the request for a convergence report on Bulgaria's entry into the Eurozone is not fatal. It is more important to achieve stability in governance, finance and the economy, Vice President Iliana Iotova said.  She participated in the..

published on 2/2/25 4:16 PM