Bulgaria has received the green light from the leaders of the European Union to use the common euro currency from January 1, 2026.
The leaders, gathered at the EU summit in Brussels, supported the European Commission’s proposal to allow Bulgaria to become the 21st member of the Eurozone.
This Balkan country has been a member of the EU since 2007 and would be the first country to adopt the euro since Croatia started using the common currency in 2023.
Membership in the Eurozone facilitates trade and travel. People who do business or want to invest will no longer have to worry about exchange rates. Tourists also benefit, as they no longer have to acquire local currency, which is usually associated with fees.
