Slav Okov

Bulgaria

News Correspondent at Bloomberg News

@Bloomberg News correspondent based in Sofia, Bulgaria. Opinions are my own; RT ≠ endorsement

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Articles

Eastern Europe Newsletter: Euro Loses Appeal in Its Backyard

2 weeks ago | bloomberg.com | Slav Okov |Krystof Chamonikolas |Andrea Dudik

Hi, this is Slav Okov in Sofia with Krystof Chamonikolas and Andrea Dudik in Prague. Welcome to our weekly newsletter on what’s shaping economics and investments from the Baltic Sea to the Balkans. You can subscribe here. When countries in the region started joining the European Union 21 years ago, accession was a watershed moment. Not only did it draw a line under the painful transition from communism, it meant huge investment and a much-coveted burgundy passport for everyone.
Bulgarians Are Getting the Euro, But Half of Them Don’t Want It

2 weeks ago | ca.finance.yahoo.com | Slav Okov

(Bloomberg) -- Doroteya Kanavrova crosses her arms and shakes her head. “I’m against it,” she says, before going back to arranging her tomatoes, cucumbers and zucchini at her roadside stall. • Shuttered NY College Has Alumni Fighting Over Its Future• Trump’s Military Parade Has Washington Bracing for Tanks and Weaponry Bulgaria is ready to join the euro, the European Union said last week, something hailed by the government as another step toward deeper integration.
Bulgarians Are Getting the Euro, But Half of Them Don't Want It

2 weeks ago | financialpost.com | Slav Okov

Advertisement 1People are growing more concerned about the potential impact on prices. Article content(Bloomberg) — Doroteya Kanavrova crosses her arms and shakes her head. “I’m against it,” she says, before going back to arranging her tomatoes, cucumbers and zucchini at her roadside stall. Sign In or Create an AccountArticle contentBulgaria is ready to join the euro, the European Union said last week, something hailed by the government as another step toward deeper integration.
Bulgarians Are Getting the Euro, But Half of Them Don’t Want It

2 weeks ago | bloomberg.com | Slav Okov

A rally against the adoption of the euro, organized by Revival Party, in the Palace of Culture in Sofia on May 16. (Bloomberg) -- Doroteya Kanavrova crosses her arms and shakes her head. “I’m against it,” she says, before going back to arranging her tomatoes, cucumbers and zucchini at her roadside stall. Bulgaria is ready to join the euro, the European Union said last week, something hailed by the government as another step toward deeper integration.
How Bulgaria Is Closing In on Joining the Euro Area

3 weeks ago | bloomberg.com | Slav Okov

The headquarters of the Bulgarian central bank in Sofia. (Bloomberg) -- Bulgaria has gotten the all-clear from two key European Union institutions to adopt the euro in January 2026. The bloc’s executive arm, the European Commission, and the European Central Bank said in separate reports that all the requirements on issues including inflation and public debt have been fulfilled.
Bulgaria Set to Join Euro Zone in 2026 as EU Gives Support

3 weeks ago | bloomberg.com | Alexander Weber |Slav Okov

Customers at outdoor cafe tables in Sofia, Bulgaria. (Bloomberg) -- The euro zone is set to continue its eastward expansion after Bulgaria was deemed ready to become the currency bloc’s 21st member. The European Commission recommended on Wednesday that the Black Sea nation of 6.4 million should be allowed to adopt the common currency in 2026.
U Bugarskoj prosvjedi protiv uvođenja eura

3 weeks ago | hr.bloombergadria.com | Slav Okov

Podijeli vijest WhatsApp Viber Link copied Copy link Europa 01. lipanj 2025, 19:53 Tisuće prosvjednika okupile su se u subotu u gradovima diljem Bugarske kako bi prosvjedovali protiv uvođenja eura u trenutku kad se tamošnje vlasti pripremaju na prihvaćanje jedinstvene valute Europske unije s početkom iduće godine.
Thousands Rally in Bulgaria to Protest Plan for Euro Adoption

3 weeks ago | bloomberg.com | Slav Okov

A demonstration against Bulgaria entering the Eurozone in Sofia, on May 31. (Bloomberg) -- Thousands of people gathered in dozens of cities across Bulgaria to protest against the adoption of the euro as authorities prepare to switch to the European Union’s single currency early next year. Several thousand rallied in the capital Sofia on Saturday in one of numerous gatherings backed by the far-right Revival party.
How Bulgaria Is Closing In on Joining the Euro Area

1 month ago | bloomberg.com | Slav Okov

The headquarters of the Bulgarian central bank in Sofia. (Bloomberg) -- Bulgaria looks to be on track to win the European Union’s approval to adopt the euro in January 2026. The bloc’s poorest member has being laying the groundwork for years to join the single currency, with successive governments claiming this will help close the wealth gap with other EU states.
Bulgaria Is on Track to Win EU Approval to Join the Euro Next Year

1 month ago | bloomberg.com | Jorge Valero |Viktoria Dendrinou |Slav Okov

Sofia, Bulgaria. (Bloomberg) -- Bulgaria is close to clearing a major hurdle toward euro adoption, putting the Black Sea nation on course to join the currency area next year. The minority government of Prime Minister Rosen Zhelyazkov is awaiting an assessment of its readiness on June 4, when the European Commission and the European Central Bank release their convergence reports.