Bulgaria's Eurozone Entry by 2026: Possible, But Tense, Expert Warns
Financier Plamen Danailov, a municipal councilor from the "There Is Such a People" party, recently discussed Bulgaria's potential adoption of the euro
According to Assoc. Dr. Atanas Atanasov, chairman of the National Statistical Institute (NSI), periods of high inflation in Bulgaria are now a thing of the past. In an interview with BTA, he emphasized that the country is experiencing a clear trend of declining inflation rates, which are currently lower than the Eurozone average.
Atanasov urged the public to remain calm and adapt to the notion that the era of high inflation has ended. He reassured citizens that the current inflation situation is stable.
While Bulgaria has yet to join the Eurozone, the NSI is already preparing to calculate flash inflation. This initial estimate of inflation levels will be published on the last day of the month it pertains to, according to Atanasov.
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
The municipal councils in Kozloduy and Krivodol have become the first in Bulgaria to implement dual pricing for municipal services, taxes, and fees
Bulgaria’s draft budget for 2024 raises questions about its realism and whether it is a mere strategy to appease the European Commission and the European Central Bank
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