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The European Commission has finally gave the Bulgarian green light to join the eurozone in 2026, and in the 21st country to join the single currency bloc.
“Today, we have reached a decisive stage in our way of joining the Euro in the United States and a serious financial discipline,” said Bulgarian Prime Minister Rosen Zhelyazkov said.
“The Euro application will improve economic stability and create stronger grounds for investment and economic growth,” he said.
Brussels and the European Central Bank confirmed that Bulgaria got acquainted with all conditions for accepting the euro on January 1. The EURO Region finance ministers must approve the accession of Bulgaria, but it is expected to do this in July.
The road to join the Bulgarian unified currency bloc was full of delays, because the country competed with political instability and populist with the shared currency. He also failed to respond to inflation targets.
Last four years, the country has passed seven elections, and the sequence of unstable governments helped to be adopted.
“Bulgaria is a really large stage, the 21st member of the Eurozone, the 21st member of the region,” the EU Economy Commissioner Valdis Dombrovskis said at the meeting.
“This is a good news for Bulgaria, which brings financial benefits for citizens and enterprises.
However, the opposition of joining the eurozone continues to come from the Populist Kingdom forces in Bulgaria.
Kostadin Kostadinov, the leader of Bulgaria, Bulgaria, Bulgaria, Bulgaria, which has been protesting for several thousands of protests in a rally on a rally in Sofia, said: “Bulgaria has risen and declared.
Independent President Rumen Radev also proposed to hold a referendum on the issue – an action as a provocation by government officials.
However, Zhelyazkov from the right of the center of the center, the euro regional membership, “We have political measures in the comprehensive geopolitical constellation. We consider it the material sign of our European personality.”
All new EU members who do not yet have to join the eurozone are forced to join the other European economy.
Inflation should be controlled and with the lowest inflation, 1.5 percent of the three eurozone state, including the stability of currencies and the economy, with 1.5 percent of the state of the eurozone.
Bulgaria In 2024, he could not meet the inflation criteria, delayed the connection to one year, but in April, the inflation slowed up to 3.5 percent for the euro adoption next year.