Bulgaria officially adopted the euro on January 1, 2024, marking a significant step in its integration into the European Union’s financial framework. However, this milestone comes amid deep political turmoil and governmental instability, with the country currently operating without an approved national budget. As Bulgaria transitions to the single currency, analysts and citizens alike grapple with the uncertainties posed by a fractured political landscape and economic challenges, raising questions about the nation’s readiness to fully embrace the eurozone.
Bulgaria Adopts the Euro Amid Deep Political Turmoil and Budget Deadlock
Bulgaria’s historic transition to the euro comes at a moment of unprecedented instability. As the country officially adopts the common currency, widespread political discord casts a shadow over this milestone. The government remains deeply fragmented, with ongoing disputes between major parties paralyzing legislative processes and halting the…
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Author : Charlotte Adams
Publish date : 2026-01-18 23:39:00
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