The European Central Bank (ECB) is expected to inform Bulgaria today that the country is not ready to join the Eurozone at the beginning of 2025, according to Politico. At noon, the European Commission will release reports on the convergence of EU member states planning to adopt the single currency.
Bulgaria is currently struggling to meet the inflation benchmark necessary for Eurozone entry. Earlier this year, Paschal Donohoe, president of the Eurogroup, suggested that Bulgaria might introduce the euro later in 2025. However, experts believe that January 1, 2026, is a more likely date due to the technical difficulties of switching currencies mid-year.
Meanwhile, the caretaker government will discuss and vote today on a draft law regarding the introduction of the euro, as reported by BTA. This is included in the agenda of the regular weekly meeting. The bill aims to regulate the process of adopting the euro in Bulgaria. After government approval, it will be submitted to the National Assembly for discussion.
Bulgaria will face another day of severe winter conditions on Monday, January 19, with persistently low temperatures across the country and hazardous cold prompting a yellow weather warning nationwide.
The Prime Minister of North Macedonia, Hristijan Mickoski, has said his government will focus first on meeting the country’s outstanding obligations linked to its European integration, with an emphasis on reforms.
In Kazanlak, a grocery store owner recently identified a counterfeit 100-euro banknote in circulation. Tihomir Bezlov, chief expert of the Security program at the Center for the Study of Democracy
Bulgaria endorses the launch of the second phase of President Trump’s Comprehensive Plan to End the Conflict in Gaza, which is backed by UN Security Council Resolution 2803
Outgoing Deputy Prime Minister and Minister of Innovation and Growth Tomislav Donchev addressed the issue of labor imports in parliament, stating that bringing in workers from non-EU countries is only a temporary solution.
Bulgaria’s outgoing Agriculture Minister Georgi Tahov has assured that the European Union’s trade deal with Mercosur will not negatively affect the country’s economy, pointing to the very limited trade between Bulgaria and the South American bloc.
Bulgaria’s outgoing Agriculture Minister Georgi Tahov has assured that the European Union’s trade deal with Mercosur will not negatively affect the country’s economy, pointing to the very limited trade between Bulgaria and the South American bloc.
Simeon Dyankov, chairman of Bulgaria’s Fiscal Council, has warned that price increases implemented by traders are likely to remain in place despite new laws and fines
The Bulgarian government has approved an additional €25 million in revolving credit for Bulgarian Posts EAD to support the ongoing exchange of levs into euros at post offices
The Bulgarian National Bank (BNB) has updated its GDP growth forecast for Bulgaria for the 2025–2027 period, showing a more optimistic outlook than its June 2025 projections.
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