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.
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Bulgaria is introducing the euro from next year - this week it jumped over the last hurdle in Brussels. But many Bulgarians fear that their economic situation will worsen. Rumors fuel such a mood.
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Total News Sources139
Leaning Left22Leaning Right14Center25Last UpdatedBias Distribution41% Center
Bias Distribution
- 41% of the sources are Center
41% Center
L 36%
C 41%
R 23%
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