Enlargement of the eurozone

The international rating agency "Fitch" (Fitch Ratings) confirmed the long-term credit rating of Bulgaria in foreign and local currency BBB with a positive outlook.

The law on the adoption of the euro will be submitted to the National Assembly within a month, announced Deputy Minister of Finance Metodi Metodiev during a discussion on the topic of the forum "The role of organized civil society in the process of Bulgaria's accession to the Eurozone". According to him, achieving the inflation criterion remains the main challenge facing our country.

"The possible date for the adoption of the euro in Bulgaria is January 1, 2025," the Vice-President of the European Commission, Valdis Dombrovskis, told Nova TV.

"The lev is attached to the euro, the exchange rate is fixed. In Bulgaria, we operate with the euro, which is called the lev in a ratio of 2 to 1 for 25 years - since the currency board was introduced." This is what Julian Voinov, a financier, said on Nova TV.

The majority of Polish citizens are against the introduction of the euro, according to a study by the IBRiS research center commissioned by Zet radio, BTA reported.

When asked whether Poland should accept the common European currency and replace the Polish zloty with it, 14.7 percent of respondents answered "yes" and 9.8 percent "I tend to agree."

The website, which will be the main channel for informing Bulgarian citizens and businesses about all aspects of the adoption of the euro, is expected to be developed by the end of March 2023. This was stated by the Minister of Finance Rositsa Velkova.

"The adoption of the euro will not increase inflation further". This was stated by Deputy Prime Minister Atanas Pekanov on the air of BNT.

He noted that the euro is stronger than 10 years ago when we could have seen turmoil. "We don't have that at the moment. We adopted measures to calm the markets. Institutionally, the euro is stronger", Pekanov stressed.

"We have adopted regulatory changes regarding the Coordination Council for Bulgaria's preparation for membership in the Eurozone.

"The war in Ukraine and its consequences are the main reason for the leveling of the euro against the dollar. For the first time since the beginning of the new millennium, we have seen parity between the world's two major reserve currencies". This was stated by the economist and financial analyst Boris Petrov in an interview for BGNES

Croatia will finally adopt the euro on 1 January 2023.

This became clear today after the Council of the EU signed the last three legal acts necessary for this purpose.