Text size

Bulgaria to request euro area convergence report once criteria are met

published on 1/31/25 3:07 PM

Temenuzhka Perkova

Photo: BTA

Bulgaria will not yet request an extraordinary convergence report - a key step towards joining the eurozone. This was announced by Finance Minister Temenuzhka Petkova from the rostrum in Parliament.

She said that during her meetings with the EU Commissioner for Finance, the President of the Eurogroup and the President of the European Central Bank, she had received signals that Bulgaria would have to meet all the criteria before joining the the eurozone.

Ruling majority concerned whether it would be able to achieve 3% budget deficit

Petkova noted that as of December 2024, Bulgaria's inflation rate was 0.1 per cent above the reference value. "Of course, we will ask for a convergence report as soon as possible, but first we have to meet the necessary criteria," she stressed.

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

Radio Bulgaria News convergence report eurozone parliament temenuzhka petkova

More from category

The village of Chuprene will also benefit from the programme.

Centres for integration and inclusive education to open in five small towns

Five centres for educational, social and health services are being established in small towns as part of the programme "Promoting Justice: Health and Inclusive Education for All - ZOV 2", funded by the Bulgarian-Swiss Cooperation Programme. The..

published on 3/1/25 7:05 AM

Cloudy and rainy weather on the first day of March

On Saturday it will be mostly cloudy with light rain, which in some places in the northern regions of Bulgaria will be mixed with snow. There will be almost no precipitation in Southeast Bulgaria. In the morning hours in many places in the plains and..

published on 2/28/25 7:35 PM

Beekeepers and grain farmers call for suspension of wind farms in Dobrudzha

Bulgarian beekeepers', farmers' and grain growers' organisations have spoken out against the construction of wind turbines and photovoltaic plants on agricultural land , BNR's correspondent in Dobrich reports. Beekeepers whose hives are located..

published on 2/28/25 6:35 PM