Text size

There is a chance that Bulgaria will adopt the euro on 1 January 2026, sources from Brussels said

published on 2/13/25 6:02 PM

Photo: Pixabay

If Bulgaria meets the eurozone criteria, there is nothing to stop it adopting the euro on 1 January 2026. This is what Brussels sources told BNR correspondent Angelina Piskova. They said that the decision should be taken by the EU Council. This is expected to happen in the summer. So far, the country does not only meet the price stability criterion.

Bulgaria has already announced its intention to request an extraordinary convergence report on the fulfilment of the euro area criteria. Prime Minister Rosen Zhelyazkov said this would happen after the Eurogroup meeting on 17 February.

At that meeting, the new Bulgarian government and its finance minister, Temenuzhka Petkova, intend to inform their euro area counterparts how the country is meeting the criteria. But no decision will be taken. Nor is there a deadline for assessing Bulgaria's readiness.

In any case, it will be necessary to wait for Eurostat's assessment, which will be published in the spring.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria News assessment brussels bulgaria euro zone

More from category

Night public transport in Sofia will not be stopped

Night public transport in Sofia will continue to operate. This was decided at today's meeting of the Sofia Municipal Council after heated debates. The topic of night public transport in the capital was returned for new discussion..

published on 2/13/25 3:09 PM

Mountain Rescue Service warns that hikes should be done with the necessary equipment

The weather in the mountains is cloudy with moderate wind in the higher parts. According to information from the Bulgarian Mountain Rescue Service website, the conditions for winter sports and hiking in the mountains are not very..

published on 2/13/25 1:03 PM

Caritas project provides Bulgarian language training for 1,300 refugees

1,300 refugees in Bulgaria will be trained under the Caritas project "Bulgarian language for people from all over the world". In an interview with BNR, the project's coordinator, Maria Teoharova, pointed out that the project is aimed at refugees who..

published on 2/13/25 11:49 AM