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.
The National Assembly adopted a declaration condemning the ongoing war against Ukraine and the political repression of Vladimir Putin's regime with 112 votes in favour. The draft document was submitted by We Continue the Change – Democratic Bulgaria..
The Association of Bulgarian Schools Abroad (ABSA) is holding its XVIII annual conference in Veliko Tarnovo , bringing together members from around the world. The motto of this year's conference is "Learning by Playing! Playing by Learning!", the..
Parliament has adopted the first reading of amendments to the Law on the Introduction of the Euro. According to the draft amendments, which were originally passed in August 2024, the period from 8 August 2025 to 31 December 2026 will require all prices..
Bulgaria and six other EU member states have not signed a joint statement condemning Israel over the situation in Gaza. The statement was signed..
The U.S Department of State has made a determination approving a possible Foreign Military Sale to the Government of Bulgaria of Naval Strike..
On Tuesday, the lowest temperatures will range from 17°C to 24°C, in Sofia 17°C. It will be sunny during the day, with temporary increases in..
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