The governor of the Bulgarian National Bank expects the country will not meet all the requirements for eurozone membership by the time the convergence report is published in June.

Dimitar Radev attributed the delay in meeting the eurozone criteria to the current political crisis and the lack of commitment from the executive to finalize the accession process. Although there is still a chance to join the eurozone next year, Radev is skeptical that this will be achieved by January 1.