The EU Council on Economic and Financial Affairs (ECOFIN) unanimously approved the final three acts enabling Bulgaria’s accession to the eurozone. Earlier, MEPs in Strasbourg had adopted the report supporting Bulgaria’s admission to the euro area.
"As of 8 July, Bulgaria takes its place as the 21st country in the eurozone," commented Denmark’s Economy Minister, Stephanie Lose, who chaired the meeting of European finance ministers. ECOFIN also decided that the exchange rate will remain fixed at 1.95583 leva per 1 euro.
The government is committed to a smooth and effective transition to the euro in the interest of all citizens, Prime Minister Rosen Zhelyazkov stated in a post on the social network X. "We did it. From 1 January 2026, Bulgaria will officially adopt the euro. We thank all institutions, partners, and everyone whose efforts made this historic moment possible," the Prime Minister’s message read further.
During the night, the weather will remain mostly clear with scattered high clouds. After midnight, low clouds or fog are expected to form over the far eastern regions. It will be almost calm across most of the country. There will be a light northerly..
Bulgaria will begin checks after Oct. 1 to ensure all government IT systems are ready to operate with the euro , e-Government Minister Valentin Mundrov told parliament on Thursday. He said preparations were 97.75% complete. The ministry oversees the..
Bulgaria says migrant pressure at Turkish border down more than tenfold Migrant pressure on Bulgaria’s border with Turkey has fallen more than tenfold in the past two years, Interior Minister Daniel Mitov said on Thursday at the opening of a new..
No GPS signal jamming was detected on the aircraft carrying European Commission President Ursula von der Leyen, said Deputy Premier and Minister of..
In keeping with tradition, city sanitation teams gave the Unification Monument in Plovdiv’s Unification Square a thorough cleaning ahead of the official..
A work accident at the Arsenal weapons plant in Kazanlak has injured two workers . One of the 46-year-old men, who was hospitalized with a severe..
Clear
Mostly Cloudy
Partly Cloudy