Bulgaria to become the 21st country to join the euro, deepening EU ties despite fears – ABC News
ABC NewsLiveVideoShows ShopInterest Successfully AddedWe'll notify you here with news aboutTurn on desktop notifications for breaking stories about interest? OffOnStream onBulgaria to become the 21st country to join the euro, deepening EU ties despite fearsBulgaria is joining the euro on New Year's DayByVESELIN TOSHKOV Associated Press and DAVID MCHUGH Associated PressDecember 31, 2025, 3:40 AM SOFIA, Bulgaria — On New Year’s Day, Bulgaria becomes the 21st country to join the euro currency union, furthering its integration into the European Union. But the historic milestone arrives amid political instability and skepticism among ordinary people fueled by fears of price rises. Supporters of switching to the euro from the old currency, the lev, are praising the move as one of the greatest achievements since the 1989 transition from a Soviet-style economy to democracy and free markets. They hope it will make the country more attractive for investors and strengthen its orientation toward wealthier Western Europe.
Published: December 31, 2025 9:02 am
Source: ABC News — Read original