Bulgaria marked a historic economic milestone on January 1, 2026, adopting the euro and becoming the 21st member of the Eurozone. This strategic move positions the Balkan nation closer to European financial integration amid global economic uncertainties.
While the Bulgarian lev will circulate alongside the euro throughout January, the currency transition accelerates on February 1 when the euro becomes sole legal tender. Financial institutions are currently operating dual displays of prices to ease public adaptation.
Residents and businesses have until June 30 to exchange lev notes and coins free of charge at banks and post offices – a critical window before exchange fees take effect. The European Commission confirmed Bulgaria's readiness for this transition in June 2025 after verifying compliance with inflation, debt, and exchange rate stability criteria.
Economists highlight this development as a potential catalyst for foreign investment in Bulgaria's technology and manufacturing sectors. However, some local businesses express concerns about short-term operational costs during the currency switch.
