ECB: BULGARIA JOINS THE EURO WHILE OTHER EU CANDIDATES FALL BEHIND
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29.06.2026


Novinite (28 June 2026)

 

Bulgaria has emerged as the only European Union country to successfully complete the process of joining the eurozone, while other candidate states have made little or no meaningful progress toward adopting the single currency. That is the conclusion of the latest convergence report by the European Central Bank (ECB).

According to the ECB, Bulgaria's accession represents the only major success in the current phase of eurozone enlargement. The report concludes that the remaining EU members outside the monetary union have largely stalled in meeting the convergence criteria required for membership. The central bank says a series of external shocks has slowed economic convergence across Europe, while public finances in most candidate countries have weakened over the past two years.

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