Donohoe Looking Forward to Bulgaria Joining Euro in 2025

Eurogroup president encourages Bulgaria’s euro adoption bid
Bulgaria struggles to meet inflation criteria on time

Eurogroup’s Donohoe: Confident of CMU Plan Agreement

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By Francine Lacqua, Slav Okov, and Jan Bratanic

March 11, 2024 at 9:58 AM UTC

Updated on

March 11, 2024 at 11:02 AM UTC

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Eurogroup President Paschal Donohoe struck a positive tone on Bulgaria’s efforts to join the euro area in 2025 as the Balkan country struggles to meet inflation criteria while avoiding a new political crisis.

“I look forward to welcoming Bulgaria into the euro area next year as they continue their efforts to meet the entry criteria,” he told Bloomberg Television on Monday.