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Bulgaria Set to Adopt Euro by 2026, Boosting Confidence

11/6/2025

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Summary

Story summary

Bulgarian Prime Minister Rossen Zhelyazkov announced Bulgaria is ready to adopt the euro on January 1, 2026, and cited a public information campaign that has increased trust.
Legislative and logistical preparations are underway.
European Central Bank President Christine Lagarde acknowledged public concerns but said confidence typically grows after currency adoption.
Officials argue that joining the euro strengthens Bulgaria's position within Europe and its economic resilience despite sovereignty concerns.

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Story summary

Bulgarian Prime Minister Rossen Zhelyazkov announced Bulgaria is ready to adopt the euro on January 1, 2026, and cited a public information campaign that has increased trust.
Legislative and logistical preparations are underway.
European Central Bank President Christine Lagarde acknowledged public concerns but said confidence typically grows after currency adoption.
Officials argue that joining the euro strengthens Bulgaria's position within Europe and its economic resilience despite sovereignty concerns.