Bulgaria and the euro - Wikipedia
Bulgaria plans to adopt the euro and become the 21st member state of the eurozone. The Bulgarian lev has been on a currency board since 1997, with a fixed exchange rate initially against the Deutsche Mark and subsequently its replacement the euro. Bulgaria's target date for introduction of the euro was 1 January 2025.
Bulgaria’s Eurozone Entry: 2028 Seen as Realistic Amid Economic …
1 day ago · Bulgaria's potential membership in the Eurozone continues to generate mixed messages, influenced by coalition politics and unmet criteria. According to Simeon Dyankov (deputy prime minister and ...
Bulgaria shies away from asking for final clearance to join eurozone ...
3 days ago · Bulgaria's average annual inflation for 2024 is 2.6%, while the level the country needs to meet to join the eurozone is 2.5%, according to data published by Eurostat.
Bulgaria Tempers Euro Adoption Push on Inflation Miss
4 days ago · Bulgaria’s newly formed government will hold off taking the next step toward adopting the euro until the Balkan nation formally meets European Union requirements.
Official website for adoption of the Euro in the Republic of Bulgaria
Minister Petkova stated the government’s determination to continue efforts towards euro area membership. All EU participants welcomed the formation of the new government and its strong commitment to adopt the euro. Based on the available information, the EU institutions agreed that Bulgaria is making the necessary progress…
Bulgaria can’t join the eurozone due to high inflation, ECB says
Jun 26, 2024 · Bulgaria can’t join the eurozone due to its high inflation, the European Central Bank has said in a report on Wednesday. That’s set to cause disappointment in Sofia, which is seeking to become...
Bulgaria can’t join the eurozone in January. Here’s why.
Apr 21, 2024 · The country also saw a nod from eurozone countries last month, when their heads of government praised Bulgaria's progress. But despite the EU’s lingering public backing for the January 2025 target, senior officials privately acknowledge that it's …
Eurozone - Wikipedia
The seven non-eurozone members of the EU are Bulgaria, the Czech Republic, Denmark, Hungary, Poland, Romania, and Sweden. They continue to use their own national currencies, although all but Denmark are obliged to join once they meet the euro convergence criteria .
Bulgaria and the euro - European Commission - Economy and …
Bulgaria participates in the ERM II since 10 July 2020. It must participate in the mechanism without severe tensions and without devaluing its central rate against the euro for at least two years before it can qualify to adopt the euro.
What Bulgaria stands to gain (or lose) by entering the Eurozone
Oct 3, 2023 · Accession to Schengen and the Eurozone, membership of the Organisation for Economic Cooperation and Development – these are some of the top priorities of Bulgarian diplomacy. The target date for the introduction of the single European currency is set for 1 …