Bulgaria on path to adopt euro in 2023 - IMF's Georgieva


  • World
  • Sunday, 26 Jan 2020

FILE PHOTO: IMF Managing Director Kristalina Georgieva speaks at a news conference ahead of the World Economic Forum (WEF) in Davos, Switzerland January 20, 2020. REUTERS/Denis Balibouse

SOFIA (Reuters) - Bulgaria's plans to enter the eurozone's waiting room this spring and adopt the euro currency in 2023 are "completely foreseeable", the head of the International Monetary Fund said on Sunday.

The Balkan country, a European Union member since 2007, hopes to join the precursor to eurozone membership, the ERM-2 exchange rate mechanism, by the end of April and adopt the euro in 2023.

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