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Bulgaria Set to Adopt the Euro on Jan. 1, 2026 as the Eurozone’s 21st Member

Officials warn of brief payment glitches, stressing a limited price impact.

Overview

  • The lev will be replaced at midnight local time on 1 January, with most shops already showing dual prices in lev and euros.
  • Payments in lev will still be accepted throughout January, while change must be provided in euros to help retailers manage the switch.
  • Banks flagged possible card and ATM disruptions around the New Year switchover, prompting queues for cash as some merchants reported missing euro starter packs.
  • Public skepticism remains high, with 49% opposed in the latest Eurobarometer and the changeover proceeding after the government’s resignation and before new elections.
  • ECB president Christine Lagarde expects only a short‑lived inflation bump of about 0.2–0.4 percentage points and cites sizable gains such as roughly €500 million in annual exchange‑cost savings for SMEs.