Bulgaria is poised to adopt the Euro as its official currency starting January 1, 2026. The European Commission has given the green light for the Balkan nation to replace its current currency, the Lev, with the Euro.
This move would make Bulgaria the 21st country to use the Euro, joining the Eurozone. The decision is expected to boost the Bulgarian economy by increasing trade, attracting foreign investment, and creating jobs.
However, the plan faces significant opposition within Bulgaria. Protests have erupted, with some citizens expressing concerns that the Euro could lead to higher prices. The debate highlights the complex economic and political considerations surrounding the adoption of the Euro.