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EU May Allow Bulgaria to Adopt Euro in 2026

EU May Allow Bulgaria to Adopt Euro in 2026

Iraqi News3 days ago

Eurozone officials have announced that the European Commission is likely to give Bulgaria the green light on June 4th to adopt the euro starting in 2026.
The European Commission is likely to give Bulgaria the green light on June 4 to adopt the euro currency from the start of 2026, several euro zone officials said, making Bulgaria the 21st country to join the single currency area.
The Commission will publish a "convergence report" next Wednesday on whether Bulgaria meets the criteria to adopt the euro, now used by 347 million Europeans in 20 countries.
Three senior euro zone officials said they expected the Commission report to be positive for Bulgaria, which has been striving to switch its lev currency to the euro ever since it joined the European Union in 2007.

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Europe May Allow Bulgaria to Adopt the Euro in 2026
Europe May Allow Bulgaria to Adopt the Euro in 2026

Iraqi News

time3 days ago

  • Iraqi News

Europe May Allow Bulgaria to Adopt the Euro in 2026

Follow-up – INA Eurozone officials announced that the European Commission is likely to give Bulgaria the green light on June 4th to adopt the euro starting in 2026. This decision makes Bulgaria the 21st country to join the single currency area. According to Reuters, the European Commission is scheduled to issue a report on Wednesday on whether Bulgaria meets the criteria for adopting the euro, which is now used by 347 million Europeans in 20 countries. Three senior eurozone officials said they "expect the Commission's report on Bulgaria to be positive." Bulgaria has been striving to convert its currency from the lev to the euro since joining the European Union in 2007.

EU May Allow Bulgaria to Adopt Euro in 2026
EU May Allow Bulgaria to Adopt Euro in 2026

Iraqi News

time3 days ago

  • Iraqi News

EU May Allow Bulgaria to Adopt Euro in 2026

Eurozone officials have announced that the European Commission is likely to give Bulgaria the green light on June 4th to adopt the euro starting in 2026. The European Commission is likely to give Bulgaria the green light on June 4 to adopt the euro currency from the start of 2026, several euro zone officials said, making Bulgaria the 21st country to join the single currency area. The Commission will publish a "convergence report" next Wednesday on whether Bulgaria meets the criteria to adopt the euro, now used by 347 million Europeans in 20 countries. Three senior euro zone officials said they expected the Commission report to be positive for Bulgaria, which has been striving to switch its lev currency to the euro ever since it joined the European Union in 2007.

EU ‘fully committed' to reaching US trade deal: commissioner
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