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Bulgaria Moves Into the Eurozone
BULGARIA, JUN 4 – Bulgaria meets all euro adoption criteria despite public opposition, aiming to join as the 21st eurozone member with inflation at 2.7%, officials said.
- Bulgaria has secured approval to join the eurozone and will adopt the euro as its currency starting January 1, 2026.
- The transition follows Bulgaria meeting all euro adoption criteria after delays caused by inflation, political unrest, and the energy crisis post-Ukraine invasion.
- Officials, including the ECB and European Commission, confirmed Bulgaria fulfilled key economic conditions like inflation control, debt levels, and currency stability.
- EU economy chief Valdis Dombrovskis called it a "historic moment for Bulgaria," while Philip Lane congratulated Bulgaria on its "tremendous dedication."
- Bulgaria’s accession marks a major step toward full EU integration, though political opposition and final EU finance ministers’ approval expected on July 8 remain challenges.
138 Articles
138 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 …
Bulgaria's WCC to Push for No-Confidence Vote After July 9, Following Irreversible Eurozone Accession - Novinite.com - Sofia News Agency
The political alliance “We Continue the Change” (WCC) announced it will begin consultations for a no-confidence vote only after July 9 - the date on which Bulgaria's accession to the eurozone is expected to become irreversible. Speaking in the corridors of the National Assembly, WCC co-leader Kiril Petkov clarified that the coalition’s main priority at this stage remains Bulgaria’s entry into the eurozone. Only after that milestone is secured wi…
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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