Bulgaria and the euro
Bulgaria's Euro Transition: Draft Law Unveiled for Public Discussion
The Ministry of Finance has released a draft law for public discussion concerning the adoption of the euro in Bulgaria. The primary aim of the proposal is to ensure a smooth and transparent transition to the European currency.
Draft Law on Euro Introduction Open for Public Discussion
The Ministry of Finance has made public the draft Law concerning the implementation of the euro in the Republic of Bulgaria, inviting public discourse. The objective of this initiative is to facilitate the seamless integration of the euro into Bulgaria and enhance transparency and understanding regarding the adoption process of the unified European currency within the nation.
Eurozone Countries Applauds Bulgaria's Progress Towards Euro Adoption
Bulgaria's strides towards adopting the euro have garnered recognition and praise from the eurozone countries. A statement issued at the recent summit of eurozone nations commended Bulgaria's efforts on the path to euro adoption and urged continued commitment until all convergence criteria are met.
Bulgaria Can Adopt the Euro in 2025, Confirms Eurogroup President
Eurogroup President Paschal Donohoe confirmed that Bulgaria could adopt the euro in 2025. This statement came following discussions with Bulgarian officials, including outgoing Prime Minister Nikolay Denkov, outgoing Deputy Prime Minister Mariya Gabriel, and outgoing Finance Minister Assen Vassilev.
Kristalina Georgieva Optimistic about Bulgaria's Entry into Eurozone in 2025
Speaking at a briefing in Sofia, Kristalina Georgieva, the Managing Director of the International Monetary Fund (IMF), expressed optimism about Bulgaria's potential entry into the Eurozone by 2025.
Euro or Lev? Our Readers Have Spoken
Bulgaria edges closer to potentially adopting the euro, but the debate over whether to keep the national currency, the lev, or transition to the European currency continues to stir controversy among the public. On our Facebook page, we recently posed this question to our readers: "Adopt the Euro or Keep the Lev?", and the response was resounding.
- Read more about Euro or Lev? Our Readers Have Spoken
- Log in to post comments
Eurozone Entry Delay Incurs High Costs, Warns Head of Bulgaria's National Bank
Speaking at a briefing following a meeting with Croatian Central Bank Governor Boris Vujcic, Bulgarian National Bank (BNB) Governor Dimitar Radev highlighted the significant costs associated with delaying entry into the eurozone.
Bulgarian FM Discussed Schengen Accession with EU Council Chief
Bulgarian Deputy Prime Minister and Minister of Foreign Affairs, Mariya Gabriel, engaged in a productive conversation with the President of the European Council, Charles Michel, regarding Bulgaria's accession to the Schengen area.
Bulgaria's Economic Outlook Brightens: EC Forecasts Growth and Declining Inflation
Amidst global economic uncertainties, the European Commission offers a cautiously optimistic outlook for Bulgaria, forecasting growth in the country's economy alongside a decrease in inflation. In its winter economic forecast, the EC projects a 2% growth rate for Bulgaria in 2023, highlighting the resilience of the nation's economic activity despite facing various challenges.
Christian symbols to feature on Bulgaria’s euro coins
Bulgaria's euro coinage will depict two Bulgarian Orthodox saints as well as a 7th or 8th century rock relief dating found in the country's northeast, its central bank announced on Monday.