The National Bank of Bulgaria published a readout of a meeting between Governor Dimitar Radev and European Parliament member Eva Maydell, rapporteur on Bulgaria’s readiness to adopt the euro from 1 January 2026, focused on the country’s progress toward euro area accession. The discussion covered the main conclusions of the recently published convergence reports of the European Commission and the European Central Bank, as well as the European Parliament’s role in the final decision on Bulgaria joining the single currency. The readout notes that, despite positive signals from European institutions, Bulgaria faces intensive work in the coming months to meet all conditions for a successful euro changeover.
National Bank of Bulgaria 2025-06-05
National Bank of Bulgaria governor reviews progress toward euro adoption from 1 January 2026 with European Parliament rapporteur
The National Bank of Bulgaria reported on a meeting between Governor Dimitar Radev and European Parliament member Eva Maydell regarding Bulgaria's readiness to adopt the euro by 1 January 2026. The discussion highlighted the conclusions of recent convergence reports and the European Parliament's role in the decision-making process. Despite positive signals, Bulgaria must intensify efforts to meet all conditions for a successful euro changeover.