
Stockholm – Bulgaria has officially adopted the euro as its currency, nearly two decades after joining the EU. The switch from the Bulgarian lev occurred at the start of the new year.
Multiple governments in Bulgaria have pushed for euro adoption, believing it could boost the economy. As the EU’s least wealthy member, there are however worries among Bulgarians that this change might result in increased prices and greater political instability.
With Bulgaria’s transition to the euro, only six out of the EU’s 27 member states—Sweden, Poland, Czechia, Hungary, Romania, and Denmark—remain outside the monetary union.
(2 January)













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