Metodi Metodiev
Deputy Minister of Finance Answers When Will Bulgaria Be Ready for the Eurozone
By mid-2025, Bulgaria will be ready to join the Eurozone, according to Acting Deputy Minister of Finance Metodi Metodiev. He predicts that by the end of this year, Bulgaria will meet the inflation criterion, which is currently the only unmet requirement for euro adoption. This progress will allow Bulgaria to request an extraordinary report.
Eurozone Bound: Bulgaria Nears Inflation Goal, Finance Ministry Confirms
The Bulgarian Ministry of Finance projects that Bulgaria will satisfy the inflation criterion by the year's end, as per the ministry's models. Deputy Minister of Finance Metodi Metodiev highlighted this during the "Introduction of the Euro - Risks and Challenges: The Experience of Croatia" conference.
Bulgaria Nears Eurozone Entry: Law Adoption Expected by Summer's End
The Law on the introduction of the euro could be approved by the National Assembly before the summer concludes, according to acting Deputy Finance Minister Metodi Metodiev's projection today. Metodiev also stated that Sofia is expected to meet the inflation criteria required for Eurozone entry by the year's end, based on the department's models.
Banking and Government Leaders Rally for Bulgaria's Eurozone Entry
Amidst discussions about Bulgaria's journey towards joining the Eurozone, Deputy Governor of the Bulgarian National Bank (BNB), Petar Chobanov, highlighted the robustness of Bulgaria's banking system, stating it aligns closely with Eurozone standards.
The Law on the Adoption of the Euro will be submitted to the Bulgarian Parliament soon
The law on the adoption of the euro will be submitted to the National Assembly within a month, announced Deputy Minister of Finance Metodi Metodiev during a discussion on the topic of the forum "The role of organized civil society in the process of Bulgaria's accession to the Eurozone". According to him, achieving the inflation criterion remains the main challenge facing our country.