Bulgaria Receives EU Approval to Adopt Euro by 2026 Amidst Divisions and Protests
The European Union has granted Bulgaria the green light to adopt the euro, with plans to join the Eurozone at the beginning of 2026. This decision comes as Bulgaria meets the necessary criteria for accession, supported by both the European Commission and the European Central Bank. However, the move has sparked significant opposition within the country, with protests against euro adoption intensifying. Nationalist groups are actively campaigning against the change, citing concerns about sovereignty and disinformation. Despite the governmental push, public sentiment remains divided, with many Bulgarians uncertain about the potential impacts of switching from the national currency to the euro. The approval has also led to tensions in the parliament and street demonstrations, highlighting the social unrest surrounding this economic shift.
Reuters, Financial Times, Euronews.com, politico.eu, CNBC, AP News, France 24, The Telegraph, the-independent.com, DW