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

Minister Stankov invites American business to invest in Bulgarian energy sector

Bulgaria is working on the implementation of key projects that will make the country an indispensable energy factor. This became clear from the statement of the Minister of Energy Zhecho Stankov at the Sixth Delphi Forum in Washington. Part of this..

published on 2/12/25 6:02 PM

Dairy processors: Mark-up on dairy products reaches 100%

A day before the boycott of supermarket chains due to high prices announced for February 13, the Bulgarian Industrial Capital Association and the Association of Dairy Processors signaled that over the past year the mark-up on dairy products has..

published on 2/12/25 5:48 PM

Ferry line to be launched between Tutrakan and Oltenița

The mayor of Tutrakan, Dimitar Stefanov, and the mayor of the Romanian town of Oltenitsa, Mihăiță Beștea, have signed documents urging the two municipalities to work together to launch a ferry line across the Danube. The first services are expected to..

published on 2/12/25 5:39 PM