The European Commission has approved Bulgaria's readiness to adopt the euro, scheduled for January 1, 2026. This decision follows successful inflation reforms that have brought the inflation rate down from 9.5% to an expected 3.6% this year. This marks a pivotal step in Bulgaria's EU integration journey since it joined the union in 2007. The European Central Bank has also deemed Bulgaria's economy prepared for this transition, highlighting the country's commitment to necessary changes for euro adoption and the benefits it will bring, such as increased economic stability and investor confidence.
Bulgaria's economic reforms, including successful inflation reductions, have enabled the EU's approval for its euro adoption, scheduled for January 1, 2026.
The European Commission's endorsement signifies Bulgaria's readiness, marking a key milestone in its EU integration journey and illustrating the country's commitment to necessary reforms.
Bulgaria's adoption of the euro will enhance its economic stability, allowing integration into the European Central Bank's policies and boosting investor confidence.
European Commission President Ursula von der Leyen praised Bulgaria’s euro adoption, calling it a 'tangible symbol of European strength' and encouraging for the region.
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