Topic of the Week: Bulgaria's Eurozone Hopes Shattered by 1% Inflation Gap

Bulgaria is not prepared to introduce the euro on January 1, 2025, as it fails to meet one of the four criteria for eurozone entry—the inflation level. This was highlighted in a report by the European Commission, adopted on Wednesday.

A spokesperson for the European Commission stated that while Bulgaria currently does not meet all the criteria for joining the eurozone, the Commission remains constructive in its collaboration with Bulgaria and welcomes its ambition to continue striving for the euro once all criteria are met....