Bulgaria to Meet Eurozone's Final Price Stability Requirement This Month
Bulgaria is projected to meet the convergence criterion for price stability in January 2025, with expectations to continue achieving this for the rest of the year
Bulgaria's Central Bank (BNB) places under special supervision the Corporate Commercial Bank (KTB), said the BNB press office.
According to BNB, CCB sent a letter asking for the supervision, due to “exhaustion of liquidity and termination of all payments and banking operations”.
As of June 20, BNB revokes the rights of the KTB shareholders and appoints a supervisory board.
The Bulgarian Ministry of Finance has unveiled the draft State Budget for 2025, revealing a planned deficit of 6.4 billion leva
Financier Plamen Danailov, a municipal councilor from the "There Is Such a People" party, recently discussed Bulgaria's potential adoption of the euro
European Commissioner for Economy Valdis Dombrovskis has stated that Bulgaria's objective of joining the eurozone on January 1, 2026
In Krivodol, a municipality in Northwestern Bulgaria, local authorities are taking steps toward the eurozone transition well ahead of the February 20 deadline
Boyko Borissov, leader of GERB, defended the government’s progress on Bulgaria’s path to the eurozone
Bulgaria could adopt the euro as its official currency from January 1, 2026, if it successfully meets the necessary criteria for joining the eurozone
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