Last news in Fakti

Simeon Dyankov: We cannot yet request a report from the EC on the Eurozone

The government now has a two-week deadline to request a convergence report, recalled Asen Vassilev

Jan 16, 2025 11:04 37

Simeon Dyankov: We cannot yet request a report from the EC on the Eurozone  - 1

„We are close to meeting the inflation criterion for entering the Eurozone - according to today's data, we are 0.15% away from the coveted price threshold. If inflation does not jump up in January. But despite Glavchev's much praising, we cannot yet request a report from the European Commission“.

This was commented on his "Facebook" profile by financier and former Finance Minister Simeon Dyankov.

Yesterday, another former Finance Minister – Assen Vassilev from the PP calculated that we already meet the criterion and insisted that the government submit a request for a new report within two weeks.

„The government now has two weeks to request a convergence report, after which the procedure for setting a date for our country's accession to the eurozone will begin“. This is what the former Finance Minister from the PP, Assen Vassilev, wrote on his Facebook profile.

He refers to the released inflation data for December.

„According to these data, the average annual inflation in Bulgaria for the last 12 months is 2.6%. Following the established practice of the EC, Bulgaria already meets the inflation criterion for membership in the eurozone (with the exclusion of one country that has 1.5% below the average inflation for the Eurozone)“, he explains.