The EU Council on Economic and Financial Affairs (ECOFIN) unanimously approved the final three acts enabling Bulgaria’s accession to the eurozone. Earlier, MEPs in Strasbourg had adopted the report supporting Bulgaria’s admission to the euro area.
"As of 8 July, Bulgaria takes its place as the 21st country in the eurozone," commented Denmark’s Economy Minister, Stephanie Lose, who chaired the meeting of European finance ministers. ECOFIN also decided that the exchange rate will remain fixed at 1.95583 leva per 1 euro.
The government is committed to a smooth and effective transition to the euro in the interest of all citizens, Prime Minister Rosen Zhelyazkov stated in a post on the social network X. "We did it. From 1 January 2026, Bulgaria will officially adopt the euro. We thank all institutions, partners, and everyone whose efforts made this historic moment possible," the Prime Minister’s message read further.
In order for young people to be adequately prepared for the challenges of contemporary life and the demands of today’s labour market, education needs to be reformed and supported by the necessary legislation. One such law is the Preschool and School..
Early on Saturday, temperatures will range from 11 to 20°C , with a minimum of 11°C in Sofia. There will be low cloud cover and reduced visibility in the lowlands and river valleys in the morning. The day will be mostly sunny with scattered clouds...
The Sofia City Court rejected Varna Mayor Blagomir Kotsev's request to amend his preventive measure of "detention in custody" and remanded him in custody, BTA reported. The ruling is not final and is subject to appeal. Sofia City Court receives..
In order for young people to be adequately prepared for the challenges of contemporary life and the demands of today’s labour market, education needs to..
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