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euro zone

Europe 

EC report: Smooth and efficient introduction of the euro in Croatia

June 30, 2023June 30, 2023 The Sofia Globe staff Croatia, euro zone

A European Commission (EC) report issued on June 30 on the introduction of the euro in Croatia concludes that the changeover was smooth

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Business 

Bulgaria Finance Minister rules out joining euro zone in January 2024

February 17, 2023February 17, 2023 The Sofia Globe staff euro zone

Bulgaria will miss its January 1 2024 target date for joining the euro zone, the country’s caretaker Finance Minister Rossitsa

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Business 

Moody’s affirms Bulgaria’s Baa1 rating, sees euro zone delay

February 4, 2023February 4, 2023 The Sofia Globe staff euro zone, macroeconomic indicators

Moody’s credit ratings agency has affirmed the long-term foreign and local currency sovereign credit ratings on Bulgaria at ‘Baa1’ with

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Europe 

EC: Croatia’s euro changeover ‘progressing well’

January 6, 2023January 6, 2023 The Sofia Globe staff Croatia, euro zone

Almost one week after Croatia’s entry into the euro zone, a survey by the European Commission (EC) has found that the

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Europe 

Croatia joins euro zone, Schengen

January 1, 2023January 1, 2023 The Sofia Globe staff Croatia, euro zone, Schengen

As of January 1 2023, Croatia has become the 20th country to introduce the euro and the 27th to become

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Business 

Euro zone prospect keeps Bulgaria’s rating at BBB with positive outlook – Fitch

November 19, 2022November 19, 2022 The Sofia Globe staff euro zone

Fitch Ratings has re-affirmed Bulgaria’s sovereign long-term foreign and local currency Issuer Default Ratings (IDRs) at ‘BBB’, with a positive

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Europe 

EC proposes to accelerate rollout of instant payments in euro

October 27, 2022October 27, 2022 The Sofia Globe staff euro zone

The European Commission (EC) adopted on October 27 a legislative proposal to make instant payments in euro available to all

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Europe 

Croatia closer to joining euro zone next year after European Parliament vote

July 5, 2022July 5, 2022 The Sofia Globe staff Croatia, euro zone

Members of the European Parliament gave a favourable opinion on July 5 to Croatia’s bid to become the newest member

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Bulgaria 

Eurobarometer poll: 54% of Bulgarians oppose euro adoption

June 10, 2022June 10, 2022 The Sofia Globe staff euro zone

Opposition to Bulgaria joining the euro zone has jumped by 10 percentage points in the past year, with 54 per

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