Bulgaria to Join Eurozone as 21st Member

International desk:

On 8 July 2025, EU finance ministers approved Bulgaria’s adoption of the euro from 1 January 2026. This will make Bulgaria the 21st country to join the eurozone. The fixed exchange rate is set at 1.95583 lev per euro. Bulgaria’s entry marks a major milestone nearly two decades after joining the European Union.

Bulgaria will officially replace its national currency, the lev, with the euro. The government aims for a smooth transition to protect citizens’ interests. Prime Minister Rossen Jeliazkov called it a landmark moment and thanked all partners involved. The change is expected to integrate Bulgaria more deeply into the EU’s economic framework.