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Bulgaria hails 'remarkable day' after EU green light

Bulgarian PM Rosen Zhelyazkov attends a press conference, Sofia. — Reuters
Bulgarian PM Rosen Zhelyazkov attends a press conference, Sofia. — Reuters
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SOFIA: Bulgarian Prime Minister Rossen Jeliazkov said the EU's green light on Wednesday for the Balkan country to adopt the euro next year confirmed its progress. "A remarkable day. Another step forward on Bulgaria's path to the euro... This follows years of reforms, commitment and alignment with our European partners," he said in a post on X.


The EU gave the green light on Wednesday for Bulgaria to adopt the euro on January 1, 2026, putting the Balkan country on course to become the 21st member of the single currency area. The European Commission said Bulgaria had fulfilled the strict criteria "intended to ensure that a country is ready to adopt the euro and that its economy is sufficiently prepared to do so".


About 1,000 people demonstrated on Wednesday in front of the National Assembly building in the centre of Sofia, holding signs that read "Preserve the Bulgarian lev," "No to the euro," and "The future belongs to sovereign states." The gathering was organised by the opposition pro-Russian Vazrajdane party. — AFP


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