Home Travel & Adventure Eurozone & Schengen Membership Amongst Top 5 Priorities of Bulgaria’s New Government

Eurozone & Schengen Membership Amongst Top 5 Priorities of Bulgaria’s New Government


The cabinet of Bulgaria has said that it adopted a governance program prioritizing the country’s accession, to the EU’s visa-free travel zone, by the end of this year, as well as the accession to the eurozone by January 1, 2025.

Besides, the program adopted by the country’s government also consists of other main priorities in Bulgaria for the period from June 2023 to December 2024.

The top five priorities include:

  • The country’s accession to the Schengen Zone by the end of this year
  • Joining the Eurozone from January 1, 2025
  • Controlling inflation
  • Implementation of reforms and projects from the National Recovery and Sustainability Plan
  • Improving the efficiency and transparency of municipal project management

The statement reads that in Schengen, the main goal is to carry out all the necessary activities to meet the requirements of the European partners for permitting Bulgaria to become a member of this area.

The same notes that the government will further strengthen border controls by creating an effective infrastructure, among others, with which the country could contribute to the general security of the European borders.

In order to join the Eurozone from January 1, 2025, the country plans to work in close cooperation with European institutions to meet all the requirements for successfully completing this process.

The government of Bulgaria also plans to introduce all the needed requirements in order to stabilise the prices of goods and create a favourable economic environment for businesses and citizens.

Furthermore, the cabinet plans to take concrete measures, taking into account legislative initiatives, in order to ensure the effective implementation of the National Recovery as well as the Sustainability Plan and the absorption of the subsequent payments.

Earlier this month, Bulgaria’s new Prime Minister, Nickolay Denkov, stressed that his cabinet would work so the accession of Bulgaria to the visa-free travel zone can be finalised by the end of this year.

He stressed that his cabinet will work towards new systematic changes related to border control management, and towards a low state budget deficit, among others.

Bulgaria’s PM also emphasised that he will start a “campaign against the disinformation around Bulgaria’s adoption of the euro”.

Bulgaria’s accession to the Schengen Zone was blocked in December last year by Austria after the latter, citing unlawful migrant concerns, opposed the membership of this Balkan country to Schengen.

Besides, the Federal Chancellery in Vienna said that Austria continues to maintain its veto against the accession of Bulgaria and Romania to the Schengen Area, in spite of the fact that both countries have met all the needed conditions in order for this process to be finalised.

Facebook Comments Box
Previous article10% of Bulgaria’s Economy to Be Supported by Travel & Tourism Industry by 2033
Next articlePortugal Golden Visa: Who Can Still Benefit From It and Everything You Need to Know!
Monte OZ
Monte OZ is a highly accomplished and respected international freelance journalist, travel and active adventure reporter, and leading entertainment & lifestyle blogger based in Africa. With a passion for storytelling, a sense of adventure, and an eye for all things captivating, Monte has become a prominent figure in the world of travel, entertainment, and lifestyle journalism. Born and raised in Africa, Monte developed a deep appreciation for the continent's diverse cultures, rich heritage, and vibrant entertainment scene. His upbringing fueled his desire to share Africa's untold stories and showcase its dynamic lifestyle to a global audience. Monte's extensive experience and expertise have made him a sought-after authority on all things related to travel, adventure, entertainment, and lifestyle in Africa. As an international freelance journalist, Monte has made significant contributions to various prestigious publications worldwide. His captivating articles, insightful interviews, and engaging features have graced the pages of leading entertainment magazines, lifestyle publications, and reputable news outlets. Monte's unique ability to capture the essence of Africa's entertainment and lifestyle scene has garnered widespread acclaim and recognition. With a love for exploration and a thirst for adrenaline, Monte also thrives as an active adventure reporter. He has embarked on daring expeditions, immersing himself in Africa's wild landscapes, and documenting his adrenaline-pumping experiences. Whether it's conquering treacherous peaks, exploring remote jungles, or engaging in heart-pounding activities, Monte's adventurous spirit and daring escapades inspire readers to embrace their own sense of adventure. In addition to his work in journalism and adventure reporting, Monte is a leading entertainment & lifestyle blogger in Africa. Through his influential blog, he offers readers an insider's view of the continent's vibrant entertainment scene, trendy hotspots, fashion trends, culinary delights, and cultural experiences. Monte's unique blend of storytelling, personal insights, and expert recommendations has made his blog a go-to resource for entertainment and lifestyle enthusiasts seeking the pulse of Africa's dynamic culture. Beyond his professional pursuits, Monte is a passionate advocate for promoting Africa's talent, creativity, and cultural diversity. He actively supports and champions emerging artists, musicians, designers, and entrepreneurs, helping to showcase their work to a broader audience. Monte's dedication to promoting Africa's vibrant entertainment and lifestyle industry has positioned him as a respected influencer and tastemaker within the African and global entertainment communities. With a commitment to excellence, a passion for exploration, and a talent for captivating storytelling, Monte Oz continues to captivate audiences worldwide. As an international freelance journalist, travel and active adventure reporter, and leading entertainment & lifestyle blogger, his work has left an indelible mark on the world of journalism, travel, and entertainment, solidifying his position as a trusted authority and go-to resource for all things related to African travel, adventure, and lifestyle.