The European Commission has given Bulgaria the go-ahead to join the eurozone single currency region as of January 1, 2026, the country's second major step in just one year on its path to full ...

Bulgaria will join the eurozone at the start of next year after clearing a series of economic hurdles, securing approval from the European Central Bank and the European Commission on Wednesday. "Today ...

Many fear a rise in prices during the switch, as had occurred in other countries that joined over the past decade.

The last step was getting inflation below the ... on the ECB’s rate-setting council and so have a voice in eurozone-wide monetary policy. Are there disadvantages or risks? Countries that join lose ...

Countries agree to join the euro as part of joining the EU, but not all have made the effort to meet the economic requirements. There is no time window to join.

FRANKFURT, Germany (AP) — European Union officials gave the green light Wednesday for Bulgaria to become the 21st member of the euro currency union,, a key EU project aimed at deepening the ties… ...

Bulgaria is unusual in that it pegged its currency, the lev, to the euro right from the beginning of monetary union in 1999, even before it joined the European Union in 2007. Bulgaria also has very ...

FRANKFURT, Germany (AP) — European Union officials gave the green light Wednesday for Bulgaria to become the 21st member of the euro currency union,, ...

The last step was getting inflation below the benchmark of 2.8%, or no more than 1.5% higher than the average of the three lowest eurozone members.

Bulgaria has the green light to join the euro next year and become the 21st member of the European Union's currency union. The European Commission and European Central Bank say the Balkan country ...