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Amman, July 8 (Petra) – The finance ministers of European Union member states gave their final approval on Tuesday for Bulgaria to adopt the euro as its official currency, according to a joint statement.
Under the decision, Bulgaria will replace its national currency, the lev, with the euro starting January 1, 2026, becoming the 21st country to join the eurozone.
Bulgarian Prime Minister Rosen Yelyazkov described the move as “historic.”
Valdis Dombrovskis, the EU’s chief economic officer, said joining the Eurozone “means much more than just replacing the lev with the euro.”
He added that the move aims “to build a better and more prosperous future for Bulgaria and its citizens.”
In a report published Wednesday at Sofia’s request, the European Commission concluded that Bulgaria met the “criteria for adopting the single currency,” including price stability, sound public finances, currency stability, and interest rates aligned closely with other EU states.
//Petra// AF
08/07/2025 22:35:45
