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

President Radev warns about the possibility of price increases following the release of the convergence report

Rumen Radev: If anyone owes Bulgarians answers about the euro, it is those who submitted a request for extraordinary convergence report

Photo: BTA-archive

During his participation in the 20th World Meeting of Bulgarian Media in Varshets, President Rumen Radev expressed concern that prices will rise as soon as the convergence report on Bulgaria’s readiness to join the eurozone is released. He urged people to monitor for any unjustified price increases in shops.

''If anyone owes answers to the Bulgarian people about the euro, it is those who submitted a request for an extraordinary convergence report, for whom our readiness for the euro area is limited to advertising and the technical preparation of post offices and banks to exchange currency. It is those who forgot about people with severe social problems, especially vulnerable to any price hike'', Rumen Radev added, as quoted by BTA.

“Measures are needed now, not sometime after the introduction of the euro”, President Radev added.

Edited by Ivo Ivanov
Published and translated by Kostadin Atanasov
Photo: BTA



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

EP, ECB convergence reports greenlight Bulgaria's entry into the eurozone

As expected, the European Commission's convergence report on Bulgaria, published today, confirms that the country is ready to adopt the euro on 1 January 2026, having fulfilled all the relevant criteria, including those related to inflation, BNR's..

published on 6/4/25 2:43 PM

Report on North Macedonia’s EU progress postponed

The vote in the European Parliament’s Foreign Affairs Committee on the annual report regarding North Macedonia's progress towards EU membership was deferred, BNR’s Brussels correspondent Angelina Piskova reports. The report was removed from the..

published on 6/4/25 2:28 PM
 Zhecho Stankov

Bulgaria must sign the contract for the construction of the Kozloduy NPP Units 7 and 8 by end of next year, Energy Minister says

The Energy Minister, Zhecho Stankov, announced at the opening of the International Nuclear Conference in Varna that the contract for the construction of Units 7 and 8 of the Kozloduy Nuclear Power Plant will be signed by the end of 2026, BTA reported...

published on 6/4/25 1:40 PM