Bulgaria has gotten the all-clear from two key European Union institutions to adopt the euro in January 2026. The bloc’s executive arm, the European Commission, and the European Central Bank said in separate reports that all the requirements on issues including inflation and public debt have been fulfilled.

Bulgaria is one step closer to adopting the euro as its currency next year, as it received approval from the European Commission and European Central Bank after meeting certain economic criteria. Joining the Eurozone will bring long-term benefits including a higher credit rating,

Bulgaria is set to adopt the euro as its official currency starting January 1 next year, becoming the 21st member of the eurozone and deepening its integration into the European Union amid regional in