Eurozone member states have praised Bulgaria's progress toward meeting euro adoption criteria, acknowledging its efforts to align with eurozone accession standards. They now await a forthcoming assessment by the European Commission and the European Central Bank on Bulgaria's readiness to join.
Eurozone countries welcome Bulgaria's progress towards adopting the euro.
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Bulgaria
Author: Nikolina Basić
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Fiscal subject related
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Content accuracy validation date:
28.03.2025
Content accuracy validation time:
08:13h
Eurozone member states have commended Bulgaria's advancements in meeting the criteria necessary for adopting the euro. In a statement released during the European Council meeting in Brussels, the Eurogroup highlighted Bulgaria's efforts to align with the agreed requirements for eurozone accession. The Member States have expressed anticipation for the upcoming assessment by the European Commission and the European Central Bank, which will evaluate Bulgaria's readiness to join the eurozone. The announcement was made during the Eurozone Summit, which runs alongside the European Council meeting and focuses on discussions surrounding economic growth and competitiveness.
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