
Frankfurt am Main – According to Christine Lagarde, President of the European Central Bank (ECB), Bulgaria’s entry into the eurozone will bring stability as part of the currency area. She expressed this during a press conference following the ECB’s two-day meeting on interest rates, in response to a question from BTA.
Lagarde emphasized that the ECB’s primary role is to maintain medium-term price stability, which will also benefit Bulgaria. She noted that adopting the euro will offer Bulgaria substantial advantages, although effective management of the transition to the new currency is crucial.
Now, Bulgaria will have access to a market of 350 million consumers, creating new opportunities for investment and growth, stated ECB President Christine Lagarde.
She expressed her pleasure at Bulgaria’s impending inclusion in the common European currency area and welcomed the appointment of Dimitar Radev, Governor of the Bulgarian National Bank, as an observer on the ECB Governing Council prior to Bulgaria’s official membership on January 1.
With membership, Bulgaria will have a voice like any other eurozone country and will be able to engage actively in discussions regarding the ECB’s monetary policy, Lagarde added.
The ECB President believes that Bulgaria will reap the benefits of the euro and will be able to further develop its economy within a stable and predictable monetary framework.
Bulgaria is set to officially adopt the euro and become the 21st member of the eurozone on January 1, 2026, nearly 19 years after joining the European Union. The EU Council approved the final decisions regarding Bulgaria’s euro adoption unanimously on July 8 this year. This followed a significant majority approval from the European Parliament earlier that same day for the report on Bulgaria’s introduction of the single European currency. (11.09.2025)













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