US EditionBulgaria’s Eurozone Entry Is Another Setback for Russia
6 Articles
6 Articles
Pay attention to your budget if you're traveling to Bulgaria! Our neighbors south of the Danube have increased their prices since switching to the euro. In some situations, such as accommodation or parking fees, they've kept the same amount, but in euros, not leva - practically a 100 percent price increase.
Bulgaria's Eurozone moment - Foundation for European Progressive Studies
Bulgaria has joined the world’s most ambitious integration project by adopting the euro in January 2026 – backed by a stable parliamentary majority, yet divisive at home. With wages and public services still lagging and regional gaps remaining wide, scepticism is understandable, so the benefits and enthusiasm depend on what Bulgaria and its European partners do next. Amid strong public anticipation, Bulgaria’s accession to the Eurozone in Januar…
Bulgaria became, on January 01 of this year, the 21st member of the euro area, with the adoption of the single currency, in the middle of a delicate political moment, after the resignation of the executive by protests on the streets against corruption. "The Bulgarian economy has demonstrated its capacity for resistance during the pandemic and, in the face of recent increases in energy prices and geopolitical tensions, its small and open nature c…
Bulgaria became the 21st member state of the eurozone on January 1, 2026, which significantly improves the country's financing conditions and investor perception, but economic catch-up continues to be hampered by political instability, a weak institutional environment and serious demographic problems, Portfolio reports.
On 1 January, Bulgaria adopted the euro, becoming the 21st member of the Eurogroup, the monetary and banking club created in 1998. For this "small" country, a member of the European Union since 2007 and with a modest GDP (€100 billion in 2025), this is a historic decision and an important effort. But will this suffice to remedy chronic political instability and citizens' mistrust?
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