See every side of every news story
Published loading...Updated

Bulgaria becomes 21st member to adopt euro after EU green light

BULGARIA, JUL 8 – The Eurogroup fixed the lev-to-euro conversion rate at 1.95583, marking Bulgaria's transition from its currency board after nearly 30 years, with entry set for January 1, 2026.

  • Bulgaria becomes the 21st member to adopt the euro after the EU green light.
  • Economists say Bulgaria will not feel any significant change in the short term, as the lev is currently pegged to the euro by law.
  • While European Union officials have approved the move, public opinion across the country remains sharply divided over concerns of rising prices and loss of national identity.
Insights by Ground AI
Does this summary seem wrong?

109 Articles

All
Left
18
Center
23
Right
11
Lean Right

The poorest country in the European Union will start using the common currency from 1 January next; it will have to limit debt and deficits

·Buenos Aires, Argentina
Read Full Article
Lean Left

After years of requests he has obtained all the approvals from the European institutions: a good part of the Bulgarians does not want it

·Italy
Read Full Article
Berliner MorgenpostBerliner Morgenpost
+4 Reposted by 4 other sources
Center

As early as 2024, Bulgaria wanted to enter the Eurozone. Now, according to Brussels, all the requirements for the introduction of the euro from 1 January 2026 are fulfilled. But not all people in Bulgaria are happy.

·Berlin, Germany
Read Full Article
Lean Left

The European Parliament has voted in favour of introducing the euro in Bulgaria, following a report – which states that Bulgaria meets all…

·Netherlands
Read Full Article
Center

Finance Ministers of the 27 EU Member States gave green light for Bulgaria's integration into the euro area from 1 January 2026 21st country will soon move to the euro

·France
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 44% of the sources are Center
44% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

EURACTIV broke the news in Brussels, Belgium on Wednesday, June 4, 2025.
Sources are mostly out of (0)