Bulgaria Will Not Fulfill the Criteria for the Euro by the June Report

According to Dimitar Radev, the Governor of the Bulgarian National Bank (BNB), Bulgaria will not meet all the requirements for joining the Eurozone by the time the convergence report is released in June. Radev made this announcement during a conference organized by the Association of Honorary Consuls, which focused on Bulgaria's Eurozone accession.

Radev attributed the country's delay in meeting Eurozone criteria to the ongoing political crisis and a lack of commitment from the executive branch to finalize the accession process....