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2025/0158(NLE)EEuropean Parliament

Adoption by Bulgaria of the euro on 1 January 2026

With the European Parliament.

Last active 08 Jul 2025

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What this bill does

In plain terms: what it changes and who it affects.

This proposal allows Bulgaria to replace the lev with the euro from 1 January 2026.

Who it affects

It affects people, businesses, banks, public bodies, and markets in Bulgaria using or relying on the national currency.

Core of the proposal
  • Finds Bulgaria meets the legal and economic conditions for adopting the euro.
  • Ends Bulgaria’s EU derogation from joining the euro area.
  • Sets 1 January 2026 as the date for euro adoption in Bulgaria.
Key provisions
Takes effect
Bulgaria’s derogation is abrogated with effect from 1 January 2026.
Articles changed · 1 across 1 law
  • 2005 Act of Accession
    • art. 5: abrogates Bulgaria’s derogation with effect from 1 January 2026

Latest update

03 Jun 2026

The most recent development in this bill's progress.

Moved to European Parliament

Documents

3 recent

SourcesOEIL