On June 3, 2025, it became known that Bulgaria has nearly completed its preparations to join the Eurozone. According to sources in Brussels, the European Commission is expected to publish a positive report on June 4 confirming that the country meets all necessary criteria: inflation has decreased to 2.8%, the budget deficit is maintained at 3%, and public debt stands at about 25% of GDP — one of the lowest levels in the EU.

Since 1999, the Bulgarian lev has been pegged to the euro, and since 2020, the country has participated in the ERM II mechanism (the precursor to euro adoption), making the transition technically predictable and long planned. The official adoption of the euro is expected to take place on January 1, 2026.

The decision to adopt the euro is not only economic but also political. For Bulgaria, joining the Eurozone could mean enhanced financial stability, increased investor confidence, and deeper integration into the core of the EU. However, the success of the transition will depend on the government's ability to communicate the benefits to the public and to minimize potential risks.

#BULGARIA

03.06.2025 10:56