Bulgaria Joins Eurozone Amidst Deep Divisions & Fears

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Firstpost•28-12-2025, 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.
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