Bulgaria may be denied eurozone admission if it rushes with convergence report
The country will submit a request for an extraordinary convergence report on its readiness to adopt the euro as soon as possible
The country will submit a request for an extraordinary convergence report on its readiness to adopt the euro as soon as possible
The prediction was made in the Bulgarian National Bank's quarterly Macroeconomic Forecast
The convergence report will show whether the country is ready to join the monetary union.
Philip Kupfer presented the annual survey among Austrian businesses on their attitudes towards the Bulgarian investment climate
Bulgaria is likely to meet the eurozone inflation criterion in the first months of 2025
Since the publication of the Budget 2025 draft, Bulgaria’s acting Finance Minister, Lyudmila Petkova, has been heavily criticized by economists, financiers, and politicians
Bulgaria and Romania's full entry into the Schengen area on January 1, 2025, is expected to lead to a significant growth in exports