The European Union's economic and finance ministers (ECOFIN) unanimously approved the introduction of the euro in Bulgaria on January 1, 2026
The Eurogroup approves Bulgaria's accession to the eurozone on January 1, 2026. Today's recommendation by the eurozone finance ministers is key
Bulgaria's credit rating may be upgraded in July, when the final decision on the country's accession to the eurozone is expected
In Bulgarian society, there is a balance between optimistic and pessimistic attitudes toward the introduction of the euro in the country
According to the managing director of the IMF, the euro will improve Bulgaria's credit rating and thus its attractiveness to investors
According to the European Commissioner, the country's economic performance in recent years has been impressive
According to EC President Ursula von der Leyen, the euro will bring more investment, income, and jobs to Bulgaria
The country meets all technical criteria for joining the euro area, according to the published convergence reports
The Prime Minister and Kristalina Georgieva discussed Bulgaria's preparations for the euro
Bulgaria consistently meets all quantitative criteria for joining the eurozone and expects a positive political decision
According to the central bank governor, the number of skeptics in Bulgaria will decrease significantly after the introduction of the new currency
Data on the sustained low 12-month average inflation will be reflected in the convergence report expected from Brussels on June 4
This is despite BNB's forecasted higher average annual inflation for 2025
The criterion was met for the first time in February, when Bulgaria's inflation rate fully matched that of the eurozone.
This is the opinion held by ING Think, the economic analysis unit of the Dutch bank ING
