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

Experts and employers discuss opportunities for migrants in the Bulgarian labour market

A conference entitled 'Prospects for the Integration of Refugees and Migrants into the Labour Market' is taking place in Sofia today. The event is organised by the Sofia Municipality as part of a project. It will bring together key experts,..

published on 11/10/25 4:49 PM

A bank CEO: ATMs will be filled with euros on the night of 1 January 2026

ATMs will be stocked with euros on the night of 1 January 2026, so that by morning everyone will be able to withdraw euro banknotes. Nikola Bakalov, CEO of one of Bulgaria’s leading banks and a member of the Management Board of the Association of Banks..

published on 11/10/25 4:14 PM

Lebanon's President, General Joseph Aoun, left, and Bulgarian President Rumen Radev meet in Sofia.

Lebanese President Aoun in Bulgaria for official visit

At the invitation of Bulgaria's Head of State, Rumen Radev, Lebanon's President, General Joseph Aoun, arrived on an official visit to Bulgaria. The visit takes place ahead of the 60th anniversary of the establishment of diplomatic relations between..

published on 11/10/25 2:51 PM