Protesters wave Bulgarian and EU flags during an anti-government demonstration in Sofia on December 10, 2025.(AFP)
World
F
Firstpost28-12-2025, 17:14

Bulgaria Joins Eurozone Amidst Deep Divisions & Fears

  • Bulgaria is set to adopt the euro on January 1, 2026, becoming the 21st eurozone member, replacing its national currency, the lev.
  • Policymakers in Sofia and Brussels view the switch as an opportunity to boost the economy and deepen European integration.
  • Public opinion is sharply divided, with fears over national identity, potential price hikes, and uncertainty for citizens like pensioners.
  • Far-right, pro-Russian lawmakers and Russian-linked disinformation campaigns are actively trying to block the transition.
  • Despite the divisions and fears, many Bulgarians still see the euro as a positive step for the country's future.

Why It Matters: Bulgaria's eurozone entry in 2026 faces strong public division and political opposition despite official optimism.

More like this

Loading more articles...