US EditionBulgaria 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.
109 Articles
109 Articles
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
After years of requests he has obtained all the approvals from the European institutions: a good part of the Bulgarians does not want it
Bulgaria Gets Green Light to Join Eurozone in 2026
The European Union gave Bulgaria the green light to join the eurozone at the start of next year. The Council of the European Union formally approved the accession of Bulgaria to the euro area on Jan. 1, 2026, following a meeting in Brussels, Belgium, on Tuesday. At the meeting, finance ministers from member states determined to set the Bulgarian lev conversion rate at 1.955 per euro. “From today, Bulgaria takes its place as the 21st member of th…
Berliner Morgenpost
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.
The European Parliament has voted in favour of introducing the euro in Bulgaria, following a report – which states that Bulgaria meets all…
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
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