Bulgaria will adopt the euro on 1 January 2026, becoming the 21st member of the euro area after joining the European Union in 2007. The decision follows the country’s meeting of the convergence criteria, and is expected to deepen economic integration with euro‑area partners. The adoption is part of Bulgaria’s long‑term eurozone strategy and aims to support economic convergence. While the move is a milestone, the country must address institutional and structural challenges to accelerate economic catch‑up. The Banque de France notes that Bulgaria’s entry will strengthen ties within the euro area but also highlights the need for continued reforms.
© Banque de France 2025.
Summary adapted from material on the Banque de France website (https://www.banque‑france.fr ).
https://www.banque-france.fr/en/news/21st-member-euro-area-2026-bulgaria
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