Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Eurogroup recommends Bulgaria adopt euro from 1 January 2026

Photo: iStock

The Eurogroup has unanimously recommended that Bulgaria become the 21st member of the eurozone. The countries of the common currency area recommend to the EU Council that this should happen from 1 January next year. The finance ministers of the eurozone agreed with the positive assessments provided by the European Commission and the European Central Bank. for the implementation of the requirements by Bulgaria, the Eurogroup said in a statement, quoted by BTA.

Eurozo
On Friday, June 20, the EU Council must approve a letter to the European Council to launch the procedure. Next week, the European Council will discuss the topic, and the process will end on July 8 with a vote on the opinion in the European Parliament and the adoption by the EU Council of the necessary final decisions.

Bulgaria was represented at the meeting in Luxembourg by Finance Minister Temenuzhka Petkova and BNB Governor Dimitar Radev.

Ahead of the forum, Eurogroup President Paschal Donohoe and Valdis Dombrovskis dismissed concerns that Bulgaria's accession to the eurozone could lead to serious inflation and price increases in the country, citing Sofia's commitment to a sensible and safe budget policy.



Edited by Ivo Ivanov
English version: R. Petkova



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

International mission recommends stronger independence of Bulgaria's public broadcasters BNT and BNR

Bulgaria continues to be among the EU countries with th e most serious deficits in the area of ​​media freedom. This is the conclusion of the Coalition of international organizations working in the field of press freedom, which conducted an..

published on 9/26/25 1:49 PM

The United States and Bulgaria strengthen cooperation in combating crime

Representatives of the Diplomatic Security Service, the Federal Bureau of Investigation (FBI), the Drug Enforcement Administration (DEA), and the U.S. Customs and Border Protection visited Varna to meet with their Bulgarian counterparts to exchange..

published on 9/26/25 12:27 PM

Bulgaria’s National Assembly fails to secure the necessary quorum for the third consecutive day

For the third consecutive day, Bulgaria’s National Assembly failed to secure the necessary quorum of 121 MPs to hold a session. Only 111 out of a total of 240 MPs were present in the plenary hall. The same happened on the previous two days. On..

published on 9/26/25 10:47 AM