Bulgaria Joins Eurozone, Adopts Euro as Official Currency

Bulgaria Joins Eurozone, Adopts Euro as Official Currency

Daily Current Affairs   /   Bulgaria Joins Eurozone, Adopts Euro as Official Currency

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Category : International Published on: January 07 2026

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Bulgaria has officially adopted the euro, replacing its national currency, the lev, and becoming the 21st member of the eurozone. The transition marks a historic step in EU integration, enhancing trade, investment, and financial connectivity with eurozone countries. While urban and younger citizens welcome the move, some rural and older populations fear rising prices and loss of national identity. The change reflects both economic opportunity and political challenges amid ongoing instability.

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