{"id":430290,"date":"2025-06-19T18:55:35","date_gmt":"2025-06-19T16:55:35","guid":{"rendered":"https:\/\/www.eunews.it\/2025\/06\/19\/eurogruppo-moneta-unica-bulgaria-2026\/"},"modified":"2025-06-19T19:36:08","modified_gmt":"2025-06-19T17:36:08","slug":"euro-countries-agree-bulgaria-will-adopt-the-single-currency-from-2026","status":"publish","type":"post","link":"https:\/\/www.eunews.it\/en\/2025\/06\/19\/euro-countries-agree-bulgaria-will-adopt-the-single-currency-from-2026\/","title":{"rendered":"Euro countries agree: Bulgaria will adopt the single currency from 2026"},"content":{"rendered":"<p>Brussels &#8211; The Eurogroup today (19 June) approved a <a href=\"https:\/\/www.consilium.europa.eu\/it\/press\/press-releases\/2025\/06\/19\/euro-area-member-states-recommend-that-bulgaria-become-the-21st-member-of-the-euro-area\/\" target=\"_blank\" rel=\"noopener\">recommendation<\/a>\u00a0in which it follows up on the positive assessments provided by the European Commission and the ECB and <strong>proposes that Bulgaria introduce the euro on 1 January 2026<\/strong>. The green light from the finance ministers of the 20 single-currency\u00a0countries, which will formally reach the Ecofin Council tomorrow, is part of the legal acts required for Sofia to become a member of the eurozone.<\/p>\n<p>The ministers agreed that Bulgaria, after years of <a href=\"https:\/\/www.eunews.it\/en\/2024\/06\/26\/bulgaria-no-euro-from-2025-no-price-stability\/\" target=\"_blank\" rel=\"noopener\">postponements<\/a>\u00a0of the adoption of the single currency, <strong>meets the four necessary convergence criteria<\/strong>: price stability, the health of the public accounts (measured by the debt and deficit ratio in relation to GDP), the sustainability of convergence (measured by long-term interest rates) and exchange rate stability. &#8220;The achievement today testifies to Bulgaria&#8217;s strong commitment to economic convergence, reform and European integration. The adoption of the euro is not simply a technical process, but\u00a0<strong>a powerful symbol of confidence, stability and shared prosperity<\/strong>,&#8221; commented Eurogroup President, <strong>Paschal Donohoe<\/strong>.<\/p>\n<p>After the adoption of the recommendation scheduled for tomorrow\u00a0by a qualified majority of euro area states, the issue will be discussed by leaders at the European Council on 26\u201327 June. The process will conclude with the Council&#8217;s adoption (following consultation with the European Parliament and the European Central Bank) of the <strong>three legal acts necessary to enable Bulgaria to become the 21st member<\/strong> of the euro area and introduce the single currency as early as 1 January 2026. The adoption of these acts is scheduled for July.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>After the positive assessments of the European Commission and the ECB, the green light from the finance ministers of the eurozone countries arrived. Donohoe: &#8220;Achievement testifies to Bulgaria&#8217;s strong commitment to economic convergence and European integration&#8221;<\/p>\n","protected":false},"author":1,"featured_media":428530,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"episode_type":"","audio_file":"","podmotor_file_id":"","podmotor_episode_id":"","cover_image":"","cover_image_id":"","duration":"","filesize":"","filesize_raw":"","date_recorded":"","explicit":"","block":"","jnews-multi-image_gallery":[],"jnews_single_post":{"format":"standard","override":[{"template":"1","parallax":"1","fullscreen":"1","layout":"right-sidebar","sidebar":"default-sidebar","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"top","share_float_style":"share-monocrhome","show_featured":"1","show_post_meta":"1","show_post_author":"1","show_post_author_image":"1","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_category":"1","show_post_reading_time":"0","post_reading_time_wpm":"300","post_calculate_word_method":"str_word_count","show_zoom_button":"0","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"1","show_prev_next_post":"1","show_popup_post":"1","number_popup_post":"1","show_author_box":"0","show_post_related":"1","show_inline_post_related":"0"}],"image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post_position":"meta","trending_post_label":"Trending","sponsored_post_label":"Sponsored by","disable_ad":"0","subtitle":""},"jnews_primary_category":[],"jnews_override_counter":{"view_counter_number":"0","share_counter_number":"0","like_counter_number":"0","dislike_counter_number":"0"},"footnotes":""},"categories":[25705],"tags":[26929,29550,25994,26145],"class_list":["post-430290","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-inbulgaria","tag-area-euro-en","tag-eurogroup-en","tag-paschal-donohoe-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/430290","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/comments?post=430290"}],"version-history":[{"count":5,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/430290\/revisions"}],"predecessor-version":[{"id":430303,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/430290\/revisions\/430303"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/media\/428530"}],"wp:attachment":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/media?parent=430290"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/categories?post=430290"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/tags?post=430290"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}