Bulgaria to adopt the euro as ECB and European Commission give green light

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Bulgaria to adopt the euro as ECB and European Commission give green light  Bulgaria will be the 21st nation to join the eurozone, with adoption planned at the start of 2026.  READ MORE : http://www.euronews.com/2025/06/04/bulgaria-to-adopt-the-euro-as-ecb-and-european-commission-give-green-light  Subscribe to our channel. Euronews is available on Dailymotion in 12 languages

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00:01Bulgaria is set to join the Eurozone at the beginning of 2026.

00:05The country has been seeking to switch its current currency, the LEV, to the Euro since it joined the EU in 2007,

00:12but progress was stalled due to persistent inflation and political unrest.

00:16But now, the European Commission and European Central Bank have signed off on Sofia's accession.

00:22Prime Minister Rosenzelietskov hailed the news as historic.

00:27This is the reason for the proudness of the Bulgarian society.

00:35A society that, since the beginning of the 1990s,

00:41has a dream for the Bulgarian generation to be part of the European European Union,

00:51which has been successful in 2005,

00:56effectively in 2007, when we were a member of the EU,

01:01which has been a part of many difficulties in finance and bank.

01:07But the Bulgarian people, with a lot of hard and hard work,

01:13with a lot of decisions,

01:16managed to do what other countries did not do.

01:20have been able to protect the criteria,

01:24trust and opinion of European institutions.

01:27Bulgaria will now work to gradually adopt the Euro as its official currency.

01:33But the country has been preparing for this moment for a while,

01:36and are confident that the transition will be smooth.

01:39I can be happy to say that Bulgaria, the Bulgarian government,

01:43is ready to remove the Euro from 1 January 2026.

01:48We are ready for this process.

01:51Petkova also emphasized that there will be clear and transparent monitoring of prices throughout the process.

01:58In that case of the EU,

02:00while we are not here,

02:02we are still staying there and living in the EU

02:05to the EU.

02:07We are still staying there and doing it for the EU.

02:09And then leaving for the EU,

02:11I know my time to work on this exercise.

02:12It's probably not possible.

02:13It's been a good time for people to try and to try and have to work on it.

02:15So even though we are unable to try and have to be careful.

02:18It's possible to try and make things in our second process.

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