Will Bulgaria introduce the euro in January 2025?

Bulgaria missed the previous target date for the introduction of the euro in the country, January 1, 2024, after the caretaker government did not submit a report on the fulfillment of the criteria for membership in the Eurozone in February, all in accordance with the previous news that we’ve published in relation to the euro subject. Also, the current parliament is currently working on key laws that must be ready before the introduction of the euro. During the week, the European Central Bank also gave a positive assessment of the new BNB law with technical recommendations that will be discussed with the Ministry of Finance before the final texts are proposed for a vote by the government and then by the deputies. The law should enter into force the moment Bulgaria becomes a member state of the Eurozone, but we need to wait for the official regulations, dates, and deadlines.