Prime Minister Bulgaria Rosen Żelazkow announced that the government would provide a smooth and peaceful transition to the euro from January 1, 2026. A forum took place in Sofia on the introduction of the EU currency.
The currency in the currency in Bulgaria There is a lion that was introduced in 1881. EURO will enter from the new year.
The Bulgarian lion disappears, the euro enters
– It is important to dispel the concerns of people and companies in small towns related to three things: income, savings and expenses – said Żelazkow, quoted by the BUTA BTA Information Agency.
In his speech, the head of government talked about the benefits for the Bulgarian economy resulting from the adoption of the euro. He also emphasized that the change of currency should not entail price increases.
“The introduction of the euro is not a reason, assuming the invariability of other factors, an increase in price components or speculation on this subject,” said Żelazkow.
The Bulgarian prime minister assured that the authorities would definitely react to any attempts to raise prices unjustified; in particular in relation to basic goods and services. Żelazkow also said that there is no reason for citizens to start saving quickly, and appealed not to succumb to manipulation attempts.
Euro zone in Bulgaria
On Saturday, in an interview with Bulgarian public television, the Minister of Economy and Industry Petyr Diłow assured that Bulgaria's accession to euro zones It will increase the purchasing power of citizens' resources. He added that in parallel, the country is seeking admission to the organization of economic cooperation and development (OECD) and to remove from the so -called “gray list” Fatf – an institution that prevents money laundering, financing terrorism and other threats to the international financial system.
The Eurobarometer survey from the turn of March and April this year shows that 43 percent of Bulgarian surveyed are in favor of introducing the euro (a decrease of 4 percent in relation to the study from the turn of October and November last year), and 51 percent opposes the departure from the left (increase by 2 percent).
Last Wednesday European Commission She informed that Bulgaria met the criteria and could join the euro area on January 1, 2026.
Source of the main photo: Boryana Manzurova/Shutterstock