Bulgaria’s National Bank Governor, Dimitar Radev, emphasized the importance of Bulgaria finalizing its European integration by joining the eurozone without delay, stating that the cost of delay will amount to billions. Bulgaria currently meets all criteria for eurozone accession except for inflation.
Radev highlighted the significant progress made in terms of legal, logistical, and technical preparations for the euro changeover, including the completion of the minting process for Bulgarian euro coins. He assured that BNB and the banking sector will be fully ready for the euro introduction by the end of the year.
However, Radev also stressed the need for a sustainable pro-European political establishment in Bulgaria and the importance of meeting remaining conditions for eurozone accession. He expressed optimism about Bulgaria’s chances of joining the eurozone in 2025 if political and economic reforms are accelerated.
This information is published in partnership with Armenpress and BTA.
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