site.btaCC-DB: Joining the Eurozone Is No Priority for the Ruling Majority

CC-DB: Joining the Eurozone Is No Priority for the Ruling Majority
CC-DB: Joining the Eurozone Is No Priority for the Ruling Majority
MP Martin Dimitrov speaking in Parliament, Sofia, January 24, 2025 (BTA Photo/Blagoy Kirilov)

The adoption of the euro is not a priority for the new ruling majority, according to a statement read from the parliamentary rostrum on Friday by Continue the Change - Democratic Bulgaria (CC-DB) MP Martin Dimitrov. Dimitrov said that GERB is unwilling to admit that it compromised this key priority for Bulgaria with its coalition partners.

The statement read that government representatives initially said they would ask for an extraordinary convergence report, since the country meets all acceptance criteria, however, despite today's inflation being the same as in December 2024, the representatives suggested that the country is now failing to meet the price stability requirement. "How come we met [those criteria] in the beginning? What has changed in those few days? The answer can only be that GERB's coalition partners had them [GERB] cornered and forced them to give up the eurozone."

According to the CC-DB, the establishment of the ruling coalition and government included the condition to postpone Bulgaria's entry into the euro area. The conclusion, in Dimitrov's words, is that the sceptical positions of the BSP - United Left and There Is Such a People (TISP) have prevailed, which is why the government is trying to shift the blame for its own weakness. Dimitrov alleged that the GERB-BSP-TISP Cabinet is trying to hide their intentions behind a smokescreen by talking about a huge deficit for the first quarter.

"The real threat to Bulgaria's future and orientation are not those who want an open exit from NATO and the EU but those who talk about European development while actually acting on the opposite," CC-DB concluded.

/RY/

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By 16:49 on 24.01.2025 Today`s news

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