Bulgaria Clears Final Hurdle to Join Eurozone in 2026

The European Union has officially approved Bulgaria's accession to the eurozone, paving the way for the country to adopt the single European currency in January 2026. The move will see the Bulgarian lev replaced by the euro, with a fixed exchange rate of 1,955.83 levs per euro.

This marks a significant milestone for Bulgaria, which will become the 21st member state of the eurozone. The country's adoption of the euro is expected to bring economic benefits and increase its integration into the European Union.