Story perspectives
Bulgaria Aims for Euro Adoption by 2026, Faces Challenges
2/15/2025
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Story summary
- Bulgaria targets euro adoption on January 1, 2026, contingent on meeting eurozone entry criteria.
- EU member states will decide in summer 2024 based on a special convergence report.
- Currently, Bulgaria fulfills three out of four criteria but struggles with price stability.
- Prime Minister Zhelyazkov intends to seek an extraordinary assessment after the February Eurogroup meeting.
