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Transcript
00:00Big news today, Bulgaria has officially adopted the Euro, becoming the 21st member of the Eurozone.
00:06As of January 1st, 2026, Bulgaria replaced its national currency, the Lev, with the Euro.
00:12This marks a historic step in the country's integration into the European Union's financial system.
00:19So, why does this matter?
00:22Joining the Eurozone means greater financial stability and easier trade across Europe.
00:27Bulgarian citizens can now use the Euro for everyday transactions, travel, and business without the currency exchange hassles.
00:36Economists say this could boost foreign investment and strengthen Bulgaria's role in the EU economy.
00:41But there are challenges. Some worry about price hikes as businesses adjust to the new currency.
00:46Bulgaria must now align with Eurozone fiscal rules, which could limit flexibility in national economic policies.
00:53The global impact? The Eurozone's expansion signals confidence in the EU project, even amid global economic uncertainty.
01:00Investors are watching closely to see how Bulgaria's transition affects regional markets.
01:04From Sofia to Brussels, today's headline is clear.
01:07But the key advice is new.
01:09Bulgaria is stepping into a new financial future with the Euro.
01:13...
01:29...
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