Bulgaria's Ministry of Finance published remarks by Deputy Minister Metodi Metodiev from the Sofia Economic Forum, where he argued that adopting the euro would support stronger growth and development and described the single currency as stable and reliable. He also told journalists that the ministry does not expect major inflation shocks and that inflation should remain within the government’s Autumn Macroeconomic Forecast, at about 3.5–3.6%. Metodiev highlighted the euro’s role as the world’s second reserve currency, framing it as supportive of purchasing power and savings during economic turbulence and as a factor in lowering borrowing costs. He set out work undertaken to prepare for euro introduction across political, macroeconomic and technical dimensions, including legislative and logistical preparations carried out by the Bulgarian government and the Bulgarian National Bank under a detailed action plan intended to ensure a smooth transition from the Bulgarian lev to the euro. On the macroeconomic outlook, he said a slight decline in inflation measured by the harmonized index of consumer prices is expected next year.
Ministry of Finance (Bulgaria) 2026-01-27
Bulgaria's Ministry of Finance outlines euro adoption preparations and projects inflation around 3.5–3.6%
Bulgaria's Ministry of Finance, via Deputy Minister Metodi Metodiev, emphasized at the Sofia Economic Forum that adopting the euro would bolster growth and stability, with inflation expected to align with the government's forecast of 3.5–3.6%. Metodiev outlined comprehensive preparations for the euro transition, involving legislative and logistical efforts by the Bulgarian government and the Bulgarian National Bank, and projected a slight decline in inflation next year.