US EditionBulgaria Moves Into the Eurozone
- Bulgaria will join the eurozone on January 1, 2026, following approval by the European Central Bank and European Commission in June 2025.
- Bulgaria’s euro adoption faced delays due to political unrest, high inflation, energy price spikes, and legislative challenges over the past years.
- The country met the four nominal convergence criteria—including inflation, public finances, exchange rate, and interest rates—leading to positive assessments by the ECB and Commission.
- Philip Lane of the ECB Executive Board congratulated Bulgaria for its dedication, saying this paves the way for euro introduction as the 21st euro area member.
- Bulgaria’s accession marks a key step in EU integration but entails managing public concerns amid protests and inflation risks linked to eurozone membership.
133 Articles
133 Articles
Bulgaria Set to Join Eurozone in 2026
The European Commission has given Bulgaria the go-ahead to join the eurozone single currency region as of January 1, 2026, the country's second major step in just one year on its path to full integration into the European Union. The commission, which met on June 4 to convey its decision on the issue, said Bulgaria fulfils the four nominal convergence criteria that are used to evaluate whether a country is ready for euro adoption. "The euro is a …
One of Europe's cheapest holiday destinations to enter the Eurozone next year
A NEW country is set to join the eurozone next year – and it might not be good new for Brits. The European Commission has given Bulgaria the green light to join the eurozone next year. AlamyBulgaria will join the eurozone next year[/caption] Bulgaria joined the European Union back in 2007 and it will become the 21st country to adopt the euro on January 1, 2026. This means Brits will eventually have to use up any of their old currency, which is t…
Bulgaria received, on Wednesday, the approval of the European Commission and the European Central Bank to join the euro from 1 January 2026. Despite the benefits of the adoption of the single European currency, many Bulgarians are exceptional.
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