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Dnevnik Express
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The government plans to enter in an official document January 1, 2025 as the target date for Bulgaria’s membership in the eurozone. This foresees a draft government decree to amend the decree of July 2015 to establish a Coordination Council for Bulgaria’s preparation for membership in the Eurozone. The document has been published for a month-long public consultation.
It is proposed to adopt normative changes in Government Decree No. 168 of 2015 “with a view to creating prerequisites for more effective and timely coordination of the management and implementation of the preparations of the Republic of Bulgaria for membership in the Eurozone with a view to realizing the goal of Bulgaria introducing the euro from the new indicative date – January 1, 2025.”
Dimitar Radev: With the banks, we are at the 95th meter for the euro, it is not time for reflection
In addition, an update of the functions and leadership of some of the working groups to the Coordination Council for the Preparation of Bulgaria is proposed, while at the same time a proposal is made for the formation of a new subgroup “Government Securities” to the “Macroeconomic Analyzes and Public Finances” working group, which would is responsible for adapting the regulatory framework and systems for working with government securities from BGN to EUR.
