US EditionBulgaria adopts the euro, nearly 20 years after joining the EU
Bulgaria adopts the euro, aiming to boost trade and investment despite political instability and public skepticism; 53% opposed euro adoption in a recent EU poll.
- On January 1, 2026, Bulgaria formally adopted the euro, becoming the 21st eurozone member as the lev was replaced at midnight nationwide.
- Having met EU convergence rules and after entering ERM II in 2020, Brussels gave final approval in July as Bulgarian authorities aimed to strengthen financial stability, attract investment and reduce costs.
- Retailers have shown prices in both currencies at the fixed conversion rate BGN1.95583 since August, while starter coin kits were sold from late November to familiarise people with new euro coins.
- Amid a caretaker administration and mass protests, the euro switch went ahead as parliament rushed a temporary budget extension on December 17 to prevent a fiscal vacuum before an eighth election next spring.
- Many Bulgarians fear retailers will round prices up as inflation has rebounded to 3.7%, while an Oct. 9–Nov. 3 Eurobarometer poll found about half oppose the euro and pro-Russian and nationalist groups spread disinformation.
313 Articles
313 Articles
Bulgaria has adopted the euro currency on 1 January 2026, so that Bulgaria will be able to enjoy more cheap mortgage loans, with profits in half of Romania and a stable economic situation. Romania, in turn, has more to wait until the end of economic correction. The article When Romania could pass into the euro currency. Mugur Isáresco, Governor of BNR: “In 2018, the National Bank was no longer able to co-operate” appeared for the first time in R…
Bulgaria's official transition to the euro currency, which started on 1 January 2026, has generated a wave of logistical and social tensions, reimbursed by both traders and customers. Although the country has become official of the 21st member of the euro area, the reality of the land, especially in cities such as Russia, is a voluntary adaptation to the new payment system. Although the government of Sofia has promoted the adoption of the single…
Bulgaria Adopts Euro Amid Celebration And Public Concern
by Stefan J. Bos, Worthy News Europe Bureau Chief SOFIA (Worthy News) – Bulgaria has formally consigned its longtime national currency, the lev, to history after entering the euro zone on New Year’s Day, becoming the 21st member of the single-currency bloc despite lingering concerns among citizens that the move could fuel higher prices. Celebrations marked the transition in the capital, with euro coins displayed on the façade of the Bulgarian Na…
Bulgaria is the 21st country to adopt the single European currency, while almost half (49%) of the inhabitants of the small Balkan state are opposed to it, which is expected to boost the economy of the poorest country in the European Union.
Bulgaria, the poorest country in the European Union, adopts the single currency. A good news? Perhaps not for the employees of the "rich" countries of the West, such as France or Germany, nor for the status of the euro itself.
Sofia adopts the single currency against the will of half the population. With a referendum they would have won the "No" . Convinced Economists: the prices will increase while the pay envelopes will remain on the stake. Since yesterday Bulgaria is the twenty-first country of the European Union to have the euro as currency. It has chosen it without a government in office. Without an approved budget law. Without the consent of almost half the popu…
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