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European Commission approves Bulgaria’s entry to eurozone from January 1, 2026

Sofia has fulfilled inflation, fiscal and exchange-rate benchmarks required for entry to the eurozone

La présidente de la Commission, Ursula von der Leyen, à Bruxelles le 4 juin 2025
La décision formelle doit être prise le 8 juillet par les ministres des Finances de l’UE, mais aucune opposition n’est attendue.
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Overview

  • The European Central Bank issued a favourable opinion on June 4, endorsing Brussels’ assessment that Bulgaria meets the technical requirements for euro adoption.
  • EU finance ministers are set to cast a formal vote on July 8 to ratify Bulgaria’s move from the lev to the euro.
  • Bulgaria achieved the required convergence benchmarks, including an average 12-month inflation rate of 2.7% in April, stable public finances and exchange-rate stability.
  • Brussels projects the currency switch will enhance price stability, protect household savings and attract higher levels of foreign direct investment.
  • Domestic opposition remains pronounced, with thousands protesting in Sofia and recent polls showing nearly half of Bulgarians oppose joining the eurozone.