La Bulgaria ora soddisfa pienamente i criteri per l’euro, l’inflazione e il deficit sono inferiori al 3%.

By the end of 2024, Bulgaria’s macroeconomic indicators fully meet the Maastricht criteria for our country’s membership in the eurozone.

Bulgaria has been fulfilling the conditions for entering the eurozone for several months in a row, according to Eurostat data. Inflation in our country for the six months from June to November 2024 is below 3%, which is the requirement for adopting the single currency. In June and July it was 2.8%, in August and September it fell to 2.4% and 1.5% respectively, and in October and November it stabilized at 2%. For comparison, in November 2023 this indicator was 5.5%, according to the European Statistical Office.

The other important indicator for entering the eurozone is the budget deficit. It will also be within 3%. Our country also currently enjoys historically low unemployment, which is around 4%. Our debt to GDP is almost two times lower than the required criterion, which is 60%.

The European Commission’s economic development forecasts for Bulgaria this year and next are also positive. In 2025, the EC expects inflation in Bulgaria to fall to 2.3%, and in 2026 to be 2.8%; the fiscal deficit is projected to reach 2.8% in 2025 and 2026, and the government debt is expected to reach 24.5% of GDP by 2026.

Based on these data, many economists believe that politicians have no reason to deviate from the goal of Bulgaria becoming a member of the eurozone as soon as possible. If not in the middle of this year, then certainly at the beginning of next year 2026. Anything else would be a betrayal of the national interest, which is related to Bulgaria completing its full integration into European structures, and this will become a fact after the adoption of the euro.

Nothing clear on this topic by now. Neither by Bulgaria, nor by the EU. This uncertainty lasting many years is misleading for citizens.

Yeahhh new euro coins to collect !

Kudos to Bulgaria for improving their economy. In contrast, Greece seems eternally crippled, first by the policies of the Eurogroup and the years following the crisis due to the rampant corruption and triangular relations between government, banks and media…

Well done Bulgaria!