Loans and interest in euros: Will Bulgarians’ debts lessen in the eurozone?
A survey by Economic.bg aimed to define the concerns over the introduction of the single European currency
A survey by Economic.bg aimed to define the concerns over the introduction of the single European currency
This is despite BNB's forecasted higher average annual inflation for 2025
The criterion was met for the first time in February, when Bulgaria's inflation rate fully matched that of the eurozone.
This is the opinion held by ING Think, the economic analysis unit of the Dutch bank ING
In recent weeks, there has been renewed talk about the fate of people's bank savings after Bulgaria enters the eurozone.
The convergence report will show whether the country is ready to join the monetary union.
The most realistic date for Bulgaria's accession to the Eurozone is January 1, 2026 - this is the conclusion that a number of financial institutions
Inflation in Bulgaria continues to inch closer towards the permissible limits for Eurozone admission. At the end of September, the country’s indicator was only 1 percentage
Yet another big bank in Bulgaria – UBB - expects that the country will only meet the inflation criterion for the Eurozone next year
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
Bulgaria does not meet the inflation criterion and is not ready to join the Eurozone from January 1, 2025. This was expectedly stated by the European Central Bank
The Bulgarian Ministry of Finance expects the country to meet the criteria for entry into the Eurozone at the end of the year
As soon as possible. This is how the Governor of the Bulgarian National Bank (BNB), Dimitar Radev, answered the question of when the Balkan country should join the Eurozone
Bulgaria's upcoming entry into the Eurozone will cause a slight slowdown in the country’s housing market, but with time the dynamism will return once again