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

A culinary festival in Chepelare marks the start of the summer mountain tourist season

A vibrant and free-entry event will mark the beginning of the summer mountain tourist season in the Rhorope town of Chepelare. Starting on June 27 at 6:00 pm in Olympic Square, the festival will offer a combination of traditional Rhodope cuisine and..

published on 6/26/25 5:57 PM

Premier Zhelyazkov: Bulgaria has the unanimous support of European leaders for the euro area

"Bulgaria has the unanimous support of European leaders for joining the Eurozone'', Bulgaria’s Premier Rosen Zhelyazkov said before the start of the meeting of European heads of state and government in Brussels. Positive conclusions related to..

published on 6/26/25 5:32 PM

Sofia City Council approves 2025 budget halfway through the year

The Sofia Municipal Council has approved the city's budget for 2025 with 41 votes in favour, four against and ten abstentions . The document's economic framework provides for a retroactive increase in public transport salaries of 300 leva (€153) with..

published on 6/26/25 3:14 PM