Bulgaria to Join Eurozone Smoothly and Confidently as of January 1, Says PM Zhelyazkov

As of January 1, 2026, Bulgaria will smoothly and confidently become part of the euro area, said Prime Minister Rosen Zhelyazkov at a press conference on Tuesday. “If we assume that the main goal of any government is the prosperity of the nation, then our key task will be to ensure that Bulgarians in the euro area enjoy higher incomes, stronger purchasing power, and are protected against inflationary pressures,” Zhelyazkov stressed. Earlier on Tuesday, the European Parliament (EP) voted to adopt a report on Bulgaria’s adoption of the euro on…

Some 83% of Bulgaria’s Administrative Structures Ready to Work with Euro

A total of 82.95% of the administrative structures in Bulgaria have adapted their information systems to work with the euro, the press centre of the Electronic Governance Ministry said on Monday. A total of 516 out of 521 administrative bodies have submitted their plans and have completed the adaptation process, according to data on a web-based platform (evro.egov.bg) for tracking and reporting the progress of State structures for the introduction of the single European currency. The Electronic Governance Ministry plays a key role in preparing the public sector for the…

“The Bulgarian government is already in euro phase-in mode,” Prime Minister Rosen Zhelyazkov told a briefing at the Council of Ministers in Sofia

“The Bulgarian government is already in euro phase-in mode,” Prime Minister Rosen Zhelyazkov told a briefing at the Council of Ministers in Sofia on Wednesday following the publication earlier in the day of the European Commission’s and the European Central Bank’s convergence reports on Bulgaria’s preparedness to join the euro area on January 1, 2026. According to Zhelyazkov, Bulgaria will be governed by several principles. “First, it will be a phased, calm introduction of the European currency in Bulgaria rather than a chaotic effort. The processes need to be calm,…

Bulgaria’s Policy on North Macedonia’s EU Integration Is Stable and Firm, Says Foreign Minister

Talking to reporters here on Friday, Foreign Minister Georg Georgiev said that Bulgaria’s European restrained diplomatic tone and behaviour, in absolute counterpoint to the sometimes very hysterical behaviour of other countries, should not be mistaken for lack of activity. Georgiev was commenting on a National Assembly resolution adopted earlier in the day on North Macedonia’s progress towards EU accession. “Not only in recent days, but also in general Bulgaria’s policy on the European integration of the Western Balkans and specifically of our western neighbour – the Republic of North Macedonia…

PM Expects Green Light for Bulgaria’s Eurozone Accession

Bulgarian Prime Minister Rosen Zhelyazkov expects a positive convergence report from the European Commission regarding Bulgaria’s accession to the eurozone. The European Commission has said that it will rule on Bulgaria’s request for an ad hoc convergence report on June 4. If the Commission’s decision is positive, it will trigger a lengthy administrative procedure involving the EU Council, the European Council and the European Parliament, the Prime Minister said, talking to reporters in the village of Zagore, Stara Zagora Region, on Wednesday. The PM explained that this procedure should end…

PM Zhelyazkov to Ukrainian President: Bulgaria Continues to Support Ukraine’s Efforts to Establish Just, Lasting Peace

Bulgaria continues to support Ukraine’s efforts to establish a just and lasting peace, Prime Minister Rosen Zhelyazkov said during his meeting with Ukrainian President Volodymyr Zelenskyy on Friday, as quoted by the Government Information Service. Their talks were part of a series of bilateral meetings that the Bulgarian Prime Minister held in Tirana on the sidelines of the Sixth European Political Community Summit. According to Zhelyazkov, establishing peace is not just a way to stop the war in Ukraine and restore its territorial integrity; it is a question related to…

Tourism Ministry Presents Bulgaria in Dubai at Arabian Travel Market 2025

The Tourism Ministry presented Bulgaria at the Arabian Travel Market-ATM, an international tourism exhibition in Dubai, United Arab Emirates, held from April 28 to May 1, 2025, the Ministry’s press office said on Monday. ATM is the most significant tourism event in the Middle East and North Africa region. Annually, the show brings together more than 40,000 tourism industry professionals from around the world at the Dubai International Convention and Exhibition Centre (DICEC). “Bulgaria’s participation in Arabian Travel Market 2025 is a key step in our efforts to position the…

Bulgaria Runs BGN 1.9 Bln Deficit under Consolidated Fiscal Programme in First Quarter of 2025

Revenues, aid and donations received under Bulgaria’s Consolidated Fiscal Programme in the first quarter of 2025 totalled BGN 16,834.3 million, which was 18.6% of the annual target, the Finance Ministry reported on Monday. The amount increased by BGN 1,076.5 million (6.8 %) compared with the first quarter of 2024. The increase was due mainly to a rise in tax revenues, which went up by BGN 1,598.4 million (13.3%). Non-tax revenues were close to the sum reported a year earlier, while aid and donations received decreased by BGN 700,000. Tax revenues…

PM Zhelyazkov: Bulgaria Remains Reliable Partner in Achieving EU’s Goals

Bulgaria will continue to be a constructive, predictable and reliable partner in achieving the common goals and priorities of the European Union, said Prime Minister Rosen Zhelyazkov in a statement after a meeting here Sunday with European Council President Antonio Costa. Zhelyazkov pointed out that Costa’s first visit to Bulgaria coincides with an important anniversary: 20 years since the signing of the treaty on the country’s accession to the European Union. “The signing is an important step and an achievement for the Bulgarian nation,” the Prime Minister said, pointing out…

IMF Expects Bulgaria to Join Eurozone in 2026, Says Its European Depratment Director

The International Monetary Fund (IMF) expects Bulgaria to join the euro area in 2026, IMF’s European Department Director Alfred Kammer said in response to a question from the Bulgarian News Agency during the Fund’s Spring Meetings in Washington, D.C. “The answer is definitely yes,” Kammer said when asked whether the IMF assesses as possible for Bulgaria to join the eurozone in 2026. IMF’s European Department Deputy Director Helge Berger added that the Fund is following closely this topic.  “I think it is clear that Bulgaria has made major progress towards…