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Bulgaria plans to adopt the euro and become the 21st member state of the eurozone. The Bulgarian lev has been on a currency board since 1997, with a fixed exchange rate initially against the Deutsche Mark and subsequently its replacement the euro. Bulgaria's target date for introduction of the euro was 1 January 2025.
1 January – Bulgaria and Romania join the Schengen Area. [1] ... 1 July – Bulgaria is expected to adopt the euro and become the 21st member state of the eurozone. [3]
The enlargement of the eurozone is an ongoing process within the European Union (EU).All member states of the European Union, except Denmark which negotiated an opt-out from the provisions, are obliged to adopt the euro as their sole currency once they meet the criteria, which include: complying with the debt and deficit criteria outlined by the Stability and Growth Pact, keeping inflation and ...
Bulgaria's plans to enter the eurozone's waiting room this spring and adopt the euro currency in 2023 are "completely foreseeable", the head of the International Monetary Fund said on Sunday. The ...
The political uncertainty has forced EU member Bulgaria to delay its target date for adopting the euro, and it has yet to approve a budget bill for 2023. "Today is the day when we can give hope to ...
Bulgaria and Romania complete the process of joining the Schengen Area, ... Bulgaria is expected to adopt the euro and become the 21st member state of the eurozone. [7]
The NATO member needs political stability to speed up the uptake of EU funds into its creaking infrastructure and nudge it towards adopting the euro. "Bulgaria needs a regular government that will ...
Bulgaria and Romania are actively working to adopt the euro, while the four remaining states do not have a migration plan in progress. Bulgaria : The Bulgarian government aims to replace the Bulgarian lev with the euro by 2026.