The Bulgarian government has adopted a plan for the introduction of the euro in Bulgaria . At a briefing at the Council of Ministers, Deputy Prime Minister and Minister of Finance Asсen Vassilev explained that this is an operational plan that gives..
Answering whether Bulgaria should join the eurozone, I would first ask if there was anyone in Bulgaria who wants the currency board lifted, the managing director of the International Monetary Fund Kristalina Georgieva said. "I have..
World-famous economist Prof. Steve Hanke, who introduced the currency board in this country said, in an interview with bTV, that Bulgaria’s accession to the Eurozone will raise the risk of higher inflation. Prof. Hanke also criticized the..
The ruling coalition partners have agreed on a national plan for the introduction of the euro. At a nearly three-hour-long extraordinary experts’ council meeting convened by Deputy Prime Minister Assen Vassilev, it was agreed that the date for..
An Extraordinary Expert Council of the ruling coalition has been convened for tonight by Deputy Prime Minister and Finance Minister Assen Vassilev . This was confirmed to BNR by sources from the ruling coalition. The Council will discuss the..
The euro hit a 5-year low, compared to the USD, as Russia halted gas deliveries to Poland and Bulgaria, tumbling to USD 1.06, its weakest since 2017. Investors say that this is due to the poor economic prospects, but Moscow’s decision to halt..
Bulgaria's preparation for eurozone membership is on track, according to an article by Minister of Finance and Deputy Prime Minister Asen Vassilev in the Bulletin of the Association of Commercial Banks. He does not mention a date for the changeover..
Prime Minister Kiril Petkov has reaffirmed the government's commitment to adopting the euro. Petkov told Bloomberg TV Bulgaria that public support for the introduction of the single currency needs to be actively strengthened. "The..
54% of Bulgarian citizens support the introduction of the euro. However, 66% of them believe that Bulgaria is not yet ready for the transition to the EU's single currency. This is shown by the results of a Eurobarometer survey published today, BNR..
The indicative deadline for the introduction of the euro is January 2024 and five months before this date and a whole year after that, prices in stores would be written in both euros and levs. This will allow us to compare prices in the two..
