Bulgaria is set to adopt the euro on January 1, 2026, becoming the 21st member of the eurozone. This decision was confirmed by the European Commission, the European Central Bank (ECB), and the EU Council earlier this year. The transition follows the approval of convergence criteria, with the Bulgarian lev fixed at a rate of 1.95583 per euro.
The move to the euro is part of Bulgaria"s ongoing integration into the European Union"s economic framework. As previously reported, the adoption of the euro is expected to enhance economic stability and facilitate trade within the eurozone.
For more information on related developments, see our coverage on recent developments in the economy.
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