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Parliamentary budget committee adopts bill on the introduction of the Euro

The parliamentary budget committee approved, at second reading, the bill on the introduction of the Euro in Bulgaria submitted by the Council of Ministers. Bulgaria's euro preparations on track, Finance Minister tells ECOFIN Council MPs..

02.08.24 09:05 |

Draft law on euro adoption is ready

The draft act on the euro is in the final stage of preparation, Governor of the Bulgarian National Bank, Dimitar Radev, told BTA on the sidelines of the Annual Meeting of the World Bank and the International Monetary Fund in the..

15.10.23 10:27 |

Gallup: 78% of Bulgarians are against intensifying military aid to Ukraine

20.0% of Bulgarians are "for" intensifying military aid to Ukraine and 78.1% are against it. This is shown by a poll of the sociological agency "Gallup International Balkan" under its independent program, conducted in the period July 14-19 through a..

21.07.23 17:59 |
Caretaker Minister of Finance Rositsa Velkova

Finance Minister Velkova: Bulgaria will not adopt the Euro on January 1, 2024

Bulgaria will not adopt the Euro as of January 1, 2024, caretaker Minister of Finance Rositsa Velkova said. At the Eurogroup meeting at the beginning of this week Bulgaria was not heard about its readiness, although the topic was on the agenda. The..

17.02.23 16:25 |

Kornelia Ninova: BSP will not be forming a coalition with GERB

The Bulgarian Socialist Party will not cave in to the pressure  of the Party of European Socialists regarding the adoption of the Istanbul Convention while Kornelia Ninova is a chairperson of BSP. This became clear at the 50th Congress of the..

11.02.23 16:23 |
Atanas Pekanov

Deputy PM Pekanov: The introduction of the euro will reduce interest rates on loans

With the adoption of the euro, Bulgaria will raise its credit rating and this will lead to a decrease in interest rates on loans, Acting Deputy Prime Minister for the Management of European Funds Atanas Pekanov told Nova TV , stressing that we are..

28.01.23 11:35 |

Balkan Developments

Croatia prepares for Euro switch amid soaring inflation Croatia has started to adjust of a large number of its ATMs to the new currency, as part of the preparations for the introduction of the euro on January 1 2023. All 4,000 ATMs in..

30.12.22 13:43 |

Fitch Ratings: Bulgaria may adopt Euro by 2023

Bulgaria may adopt the Euro until 2023, a report of Fitch Ratings reads. The document reminds that the procedure started in 2018 and by the end of 2019, it will become clear when Bulgaria will join the ERM2 mechanism, also known as the Eurozone’s..

23.08.19 12:33 |

Premier Boyko Borissov forecasts: Bulgaria enters Eurozone’s waiting room in July

Bulgaria’s Premier Boyko Borissov forecasted that Bulgaria would enter ERM2, also known as the Eurozone’s waiting room, in July this year. Huge investments are expected to be made in Bulgaria. Unemployment and contraband levels will fall below 5% and..

22.02.19 08:55 |

Vladislav Goranov: Bulgaria can adopt Euro in less than three years

If the Bulgarian banks pass successfully the stress tests and the asset quality review, this country will be able to apply for the ERM2 mechanism in the beginning of July this year. The average stay in the Eurozone waiting room is two years and then..

28.01.19 16:36 |
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