Bulgaria Becomes 21st Country to Adopt the Euro

Bulgaria becomes 21st country to adopt the euro

Bulgaria dropped the lev and became the 21st state to adopt the euro. The country, among the poorest in the EU, has had 10 governments in five years, and both the prime minister and president recently resigned; the upheaval has overshadowed “one of the most dramatic cultural changes… in generations,” The New York Times reported. Joining the EU theoretically obliges states to adopt the euro, but few new entrants seem keen: None of Czechia, Poland…

Bulgaria Joins the Eurozone as Its 21st Member Country – EUROP INFO

Bulgaria officially became the 21st country to adopt the euro as its national currency, marking a significant milestone in the nation’s economic integration with the European Union. The transition, announced by Semafor, is set to bring Bulgaria closer to the heart of the Eurozone’s financial system, promising greater stability and investment opportunities. This move follows years of preparations and reforms aimed at meeting the stringent criteri…