Bulgaria readies to adopt the euro, nearly 20 years after joining EU SOFIA, Dec 31 — Bulgaria was preparing to switch to the euro tonight to become the 21st eurozone member, amid concerns the move could usher in higher prices and add to political...

Bulgaria bersedia mengadopsi euro hampir 20 tahun setelah bergabung dengan Uni Eropa. Langkah ini menunjukkan komitmen terhadap integrasi ekonomi & stabilitas kawasan. #Bulgaria #EuroAdoption

BREAKING: Bulgarian government resigns amid mass protests The resignation comes just 20 days before Bulgaria is scheduled to adopt the euro on January 1, 2026.

The resignation comes just 20 days before Bulgaria is scheduled to adopt the euro on January 1, 2026. Bne IntelliNews #Bulgaria #Protests #GovernmentResignation #EuroAdoption #PoliticalCrisis

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Bulgarian small business owners worry about the lev to euro transition slated for January 1, 2026, fearing inflation and economic effects. Public opinion is split, with many opposing the change due to costs. Dual currency displays start on August 8.

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Bulgaria’s credit rating upgraded by Fitch on euro adoption plan Investing.com -- Fitch Ratings has upgraded Bulgaria’s long-term foreign-currency issuer default rating to ’BBB+’ from ’BBB’ on Thursday, following the approval of Bulgaria’s euro adoption scheduled for January 2026. The global ratings agency stated that euro zone membership will provide Bulgaria with reserve-currency status and strengthen its monetary policy framework. Additional benefits include lower transaction costs, elimination of exchange-rate risks for corporate and household balance sheets, and access to new external funding opportunities. "Bulgaria’s ratings are supported by its strong external and public finance balance sheets versus ’BBB’ peers and credible policy framework, underpinned by EU membership," Fitch said in a statement. While acknowledging these positive factors, Fitch also highlighted several challenges facing the country. These include low labor productivity, unfavorable demographics, and institutional constraints that have delayed the implementation of structural reforms. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C. With valuations skyrocketing in 2024, many investors are uneasy putting more money into stocks. Unsure where to invest next? Get access to our proven portfolios and discover high-potential opportunities. In 2024 alone, ProPicks AI identified 2 stocks that surged over 150%, 4 additional stocks that leaped over 30%, and 3 more that climbed over 25%. That's an impressive track record. With portfolios tailored for Dow stocks, S&P stocks, Tech stocks, and Mid Cap stocks, you can explore various wealth-building strategies.

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Fitch upgrades Bulgaria to ’BBB+’ on euro adoption approval (Reuters) -Global ratings agency Fitch on Thursday upgraded Bulgaria’s long-term foreign-currency issuer default rating to ’BBB+’ from ’BBB’, citing the approval of Bulgaria’s euro adoption scheduled for January 2026. The rating agency said euro zone membership will grant Bulgaria reserve-currency status, strengthen its monetary policy framework, lower transaction costs, remove exchange-rate risks for corporate and household balance sheets, and offer additional external funding opportunities. "Bulgaria’s ratings are supported by its strong external and public finance balance sheets versus ’BBB’ peers and credible policy framework, underpinned by EU membership," Fitch said in a statement. However, the agency flagged challenges such as low labor productivity, unfavorable demographics, and institutional constraints that have delayed structural reforms. Fitch noted that political instability, including a history of unstable coalition governments, has hindered reform implementation and slowed the absorption of EU funds. The country will join the single currency at the start of next year at a rate of one euro to 1.95583 lev.

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EU gives Bulgaria green light to adopt euro from start of 2026 hereremove ads hereremove ads Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks. Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed. Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website. It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website. Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

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Bulgaria aims to join the eurozone amid rising domestic opposition over inflation fears and misinformation. Public sentiment is divided, with supporters highlighting economic stability and critics concerned about poverty. #Bulgaria #EuroAdoption #EconomicTransition

🇧🇬 #Bulgaria to adopt the #Euro in Jan 2026, boosting economic stability & monetary flexibility.

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Bulgaria likely to get EU Commission go-ahead to adopt euro from 2026, officials say By Jan Strupczewski BRUSSELS (Reuters) -The European Commission is likely to give Bulgaria the green light on June 4 to adopt the euro currency from the start of 2026, several euro zone officials said, making Bulgaria the 21st country to join the single currency area. The Commission will publish a "convergence report" next Wednesday on whether Bulgaria meets the criteria to adopt the euro, now used by 347 million Europeans in 20 countries. Three senior euro zone officials said they expected the Commission report to be positive for Bulgaria, which has been striving to switch its lev currency to the euro ever since it joined the European Union in 2007. Becoming a member of the euro zone, apart from using euro notes and coins, also means a seat at the European Central Bank’s rate-setting Governing Council. The ECB will issue its own assessment on June 4 whether it thinks the country is ready, and if its central bank is independent. It is the Commission’s view that is decisive, however. A positive recommendation from the EU executive arm would mean that EU finance ministers would endorse it and fix the conversion exchange rate for the Bulgarian lev into the euro in July, leaving the rest of the year for the country to technically prepare for the transition. MEETING THE CRITERIA For a positive recommendation, Bulgaria has to meet the inflation criterion, which says that the euro-candidate cannot have consumer inflation higher than 1.5 percentage points above the three best EU performers. In April, the best performers were France with 0.9%, Cyprus with 1.4% and Denmark with 1.5%, which put Bulgaria with its 2.8% just within the limit. The euro candidate country also cannot be under the EU’s disciplinary budget procedure for running a deficit in excess of 3% of GDP. Bulgaria meets this criterion with a budget deficit of 3.0% in 2024 and 2.8% expected in 2025. The country’s public debt of 24.1% of GDP in 2024 and 25.1% expected in 2025 is well below the maximum level of 60%, and its long-term interest rate on bonds is well within the 2 percentage point margin above the rate at which the three best inflation performers borrow. Finally, the euro candidate country has to prove it has a stable exchange rate by staying within a 15% margin on either side of a central parity rate in the Exchange Rate Mechanism II. Bulgaria has been running a currency board that fixed the lev to the euro at 1.95583 since the start of the euro currency in 1999. The Commission will also look at whether Bulgaria’s economy and markets are integrated with the rest of the EU, as well as the trends in the country’s balance of payments. Which stock should you buy in your very next trade? AI computing powers are changing the stock market. Investing.com's ProPicks AI includes 6 winning stock portfolios chosen by our advanced AI. In 2024 alone, ProPicks AI identified 2 stocks that surged over 150%, 4 additional stocks that leaped over 30%, and 3 more that climbed over 25%. Which stock will be the next to soar?

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