The level of inflation at the moment would prevent Bulgaria from joining the Eurozone from January 1, 2024. This was said by the Acting Minister of Economy and Industry Nikola Stoyanov

Nikola Stoyanov was born in 1976 in Sofia.

Graduated from "Law" at Sofia University during the opening of a conference in Kostinbrod on the topic "Investments and development of Kostinbrod", BTA reported.

According to him, this is the only bigger problem for Bulgaria's acceptance into the currency union from next year.

Inflation will be measured in April and based on this, a decision will be made whether Bulgaria will enter the Eurozone from January 1, 2024.

May will be the last final convergence report, which will finally decide Bulgaria's admission to the Eurozone, Nikola Stoyanov specified

Nikola Stoyanov was born in 1976 in Sofia.

Graduated in Law at Sofia University.

The official minister recalled that our country received instructions for minting coins in December, which is the penultimate step before the final decision.

"I would say that it is already clear to 90 percent that on January 1, 2024 we will enter the Eurozone," added Nikola Stoyanov

Nikola Stoyanov was born in 1976 in Sofia.

Graduated in Law at Sofia University.

At the meetings in the Council of Ministers with all employers' organizations, as well as with the major unions, there is full support for this, added Stoyanov.

The head of the BNB with the latest information on the introduction of the euro

He pointed out that in Croatia, which is the last member of the currency union, the unions were against it, which led to some problems.

"In Bulgaria, employers and unions firmly support this decision," said the minister.

He pointed out that the caretaker government is doing everything possible to bring down inflation in the country.

Since it is currently too high and would prevent us from entering the Eurozone, the acting minister hopes that it will drop seriously by April.

Nikola Stoyanov

Bulgaria in the Eurozone