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ECB President Lagarde Endorses Bulgaria's 2026 Euro Adoption

9/12/2025

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Story summary
  • Christine Lagarde, President of the European Central Bank (ECB), endorses Bulgaria's eurozone membership for its stability and economic advantages.
  • She noted the ECB's commitment to price stability, aiding Bulgaria's transition.
  • Lagarde pointed out benefits of euro adoption, such as enhanced trade and access to 350 million consumers.
  • Bulgarian National Bank Governor Dimitar Radev joins the ECB Governing Council as an observer.
  • Bulgaria will adopt the euro on January 1, 2026, pending approval from the European Parliament and EU Council.