Bulgaria Joins Eurozone: From 2026 Common Currency Comes to The Black Sea
BY
Economic Freedom Foundation / July 25, 2025
It is now official – Bulgaria will become the 21st member of the euro area. This concludes a years-long process of preparing the country to join the monetary union. The first euro coins and notes will appear in Bulgarian wallets on January 1, 2026. In June 2025, EU finance ministers unanimously approved Bulgaria’s entry into the eurozone. The Bulgarian lev will be replaced by the euro at the beginning of 2026, with the exchange rate set at 1 euro = 1.95583 leva.