Effective accession to the Eurozone was expected in early 2025, but mid-2025 or early 2026 is now being discussed. For the telecom sector
At UniCredit Bulbank, as in other banks in Bulgaria, we are actively working and preparing for the country's accession to the Eurozone
People should be reassured that from the date of introduction of the euro, all their accounts and loans will be automatically converted to the new currency
Political instability is a major factor in the delay on our path to the Eurozone, but it is not the only one. There are four factors that slow us down
Against the backdrop of increasing warnings from the Bulgarian National Bank (BNB) about the state of the housing loan market in the country
The time has come to make maximum efforts to enter the Eurozone. This is the only possible way for Bulgaria. Thanks to the existence of a currency board
By the end of the year, we will also meet the price stability criterion
The Confederation of Employers and Industrialists in Bulgaria (KRIB) continues to see the country’s entry into the Eurozone as a top priority
In terms of technical infrastructure and logistical preparation, the level of readiness is very high, at least as far as the BNB and the banking sector are concerned
Every bank in Bulgaria can afford to provide a higher interest rate on deposits and lower their fees on their services and products
