Bulgaria’s Euro Bid May Be Pushed Off, Finance Minister Says
- Vassilev says euro target remains January of next year
- Should it miss start-of-year date, adoption possible in 2025
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Bulgaria is on course to join the euro at the beginning of next year, but the target date may slip by a few months as the country seeks to meet the criteria for currency switch, according to its finance minister.
Assen Vassilev said the Black Sea nation would request an extraordinary assessment report as soon as it meets its benchmarks — and a start date of March or July next year would also be possible. The 20 members of the euro area have always made the currency swap on Jan. 1.