Friday, 10th October 2025

Bulgaria Joins the Eurozone: A Milestone with Economic Promise

From lev to euro — Bulgaria sets course for deeper EU integration and economic boost

In a landmark move, the EU Council has approved Bulgaria’s entry into the eurozone, setting 1 January 2026 as the date when the country will adopt the euro and become the 21st member of the monetary union.

The decision follows a convergence report by the European Commission and a positive assessment by the European Central Bank, confirming that Bulgaria meets all economic criteria for joining the currency bloc.

With the official conversion rate now established, the transition is expected to proceed smoothly.

The European Commission hailed the decision, emphasising the practical benefits for citizens and businesses: no more currency exchange costs, easier cross-border payments, greater price transparency, and better access to finance.

More than a symbolic shift, Bulgaria’s move to the euro is set to boost trade, attract investment, and fuel job creation — signalling deeper integration into the EU’s economic core at a time when unity and resilience matter more than ever

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