Asset Publisher

AdobeStock/Rochu_2008

Country reports

Bulgaria ready for the eurozone

by Norbert Beckmann-Dierkes, Borislaw Wankow

European Commission and European Central Bank with positive convergence report

18 years after joining the EU, Bulgaria is ready to adopt the single European currency on 1 January 2026. The European Commission and the European Central Bank (ECB) issued a positive assessment for the country in their extraordinary convergence report on 4 June. According to the report, Bulgaria now fulfils all the criteria for joining the eurozone. This means that the most important condition for the introduction of the euro has been met. The final political decision still has to be taken by the EU Council in the format of the Finance Ministers (ECOFIN) on 8 July. A qualified majority is sufficient for this and no consensus is required.
June 11, 2025 Order details

Asset Publisher

The full-length country report is only available in German.

Asset Publisher

Contact

Norbert Beckmann-Dierkes

Portrait von Norbert Beckmann-Dierkes

Head of the KAS office in Bulgaria

norbert.beckmann@kas.de +359 2 943-4388 | +359 2 943-4390 +359 2 943-3459

comment-portlet

Asset Publisher

About this series

The Konrad-Adenauer-Stiftung is a political foundation. Our offices abroad are in charge of over 200 projects in more than 120 countries. The country reports offer current analyses, exclusive evaluations, background information and forecasts - provided by our international staff.