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

Bulgaria meets the final criterion for eurozone membership and will request a convergence report

Photo: BTA

According to data from Eurostat, Bulgaria has met the final criterion for joining the eurozone, namely price stability, Minister of Finance Temenuzhka Petkova announced at the beginning of an extraordinary meeting of the Council of Ministers. She stated that today is a very important day for the country.

"Bulgaria meets the final criterion for eurozone membership. This gives us the grounds to make a decision today to submit a request to the European Commission and the European Central Bank for the preparation of extraordinary convergence reports for Bulgaria."

The extraordinary convergence report on Bulgaria's readiness to join the eurozone will be requested as soon as the work on the state budget is completed, clarified Denitsa Sacheva, deputy leader of the parliamentary group of GERB-SDS. The budget is expected to be submitted to the National Assembly today.



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

President Radev is taking on the role of opposition leader, says Finance Minister

Bulgarian President Rumen Radev has long been involved in the political life of the country, and now he wants to take on the role of opposition leader. This was stated by Finance Minister Temenuzhka Petkova in Targovishte.  "After nearly four..

published on 4/25/25 5:52 PM

NSI: More than 1/5 of the population in Bulgaria lives in poverty

In 2024, the poverty line in the country was €375 per month on average per person in a household. A total of 1,401,300 people, or 21.7% of the population, were living below the poverty line , according to the National Statistical Institute (NSI)...

published on 4/25/25 4:46 PM
Krasimir Valchev, Minister of Education and Science.

Parents protest against plans to introduce compulsory religious education in public schools

A protest has been organised on social media demanding the resignation of Education Minister Krasimir Valchev and the cancellation of the Ministry of Education and Science's plan to introduce a compulsory subject called "Religion and Virtue" in schools,..

published on 4/25/25 4:18 PM