When Will Bulgaria Join the Eurozone? Our Readers Have Spoken
A recent survey conducted on our Facebook page has shed light on public sentiments regarding Bulgaria's potential accession to the Eurozone
More than 1.3 billion euros, which Bulgaria should receive this year under the Recovery and Sustainability Plan, is expected to enter the treasury in the fall, the Ministry of Finance announced.
From there, they specify that there is no delay in the money for the plan. The country has set itself the goal of collecting all the necessary documents for the preparation of the request for the first payment within the month of July. According to the regulation, the European Commission then has two months to assess the submitted documents before making a payment, the ministry said.
The preparation of the second request for payment worth more than 724 million euros has also not been delayed for the time being. It is related to the need to adopt 22 legislative measures with a deadline of the end of the year.
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Starting from January 1, 2025, Bulgaria aims to raise its minimum wage to at least BGN 1,080 (EUR 552), a significant increase from the current BGN 933
Bulgaria’s prospects for joining the euro in 2025 have been bolstered by a cooling annual inflation rate, which dropped to the eurozone average of 2.4% in April, marking its first dip below 3% since the summer of 2021
In April, inflation across the European Union remained steady, with both the EU and the Eurozone recording a rate of 2.6% and 2.4%, respectively, according to data from Eurostat, the official statistics agency of the EU
Julian Voinov, an economist and financial expert, expressed optimism regarding Bulgaria's potential adoption of the euro in 2025 or early 2026
This was stated by the Governor of the Bulgarian National Bank at the international conference "Bulgaria in the Eurozone, When?" in Sofia
Former Finance Minister Simeon Dyankov has suggested that Bulgaria's potential entry into the Eurozone may not materialize before 2026
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