Is Bulgaria About to Join the Eurozone?

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Next week, the ECB is due to approve Bulgaria’s bid to join the Eurozone next year. But, skepticism about the Eurozone runs deep within the country which could potentially ignite a new political crisis.

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Will Bulgaria join the eurozone in 2026? https://www.bloomberg.com/news/articles/2025-05-23/bulgaria-on-track-to-win-eu-approval-to-join-the-euro-next-year?embedded-checkout=true
https://www.politico.eu/article/eu-approve-bulgaria-euro-currency/

Euro convergence criteria
https://economy-finance.ec.europa.eu/euro/enlargement-euro-area/convergence-criteria-joining_en
https://www.spglobal.com/market-intelligence/en/news-insights/research/euro-adoption-after-croatia-whos-next

Bulgarian inflation
https://tradingeconomics.com/bulgaria/inflation-cpi

Bulgarian polling on thoughts about entering eurozone
https://www.bta.bg/en/news/economy/825599-57-1-of-bulgarians-against-entering-euro-area-39-favour-it-poll

Has euro switch caused higher inflation
https://www.ecb.europa.eu/press/blog/date/2023/html/ecb.blog.230307~1669dec988.en.html

Eurozone switch in Latvia
https://www.bloomberg.com/news/articles/2013-12-30/latvia-poised-to-become-18th-euro-member-amid-public-resentment

Eurozone switch in Croatia
https://www.dw.com/en/as-eu-tourists-visit-croatia-learns-to-love-the-euro/a-66411670

Fears/myths in Bulgaria surrounding joining eurozone
https://www.novinite.com/articles/232488/Truth+vs.+Fear%3A+Exposing+9+Myths+Surrounding+the+Euro+in+Bulgaria
https://www.novinite.com/articles/232440/Majority+of+Bulgarians+Feel+Uninformed+About+the+Euro%2C+Strongly+Back+Referendum%2C+Survey+Shows

Anti-euro protests
https://www.dw.com/en/clashes-erupt-as-bulgarian-nationalists-march-against-euro/a-71713983
https://apnews.com/article/bulgaria-nationalists-anti-euro-protest-police-515ef45b18a13a128741177d1bb91ce1

Revival threats of further protests
https://www.intellinews.com/protesters-against-euro-adoption-block-roads-in-bulgaria-381626/

00:00 – Introduction
01:14 – Context
04:18 – Why Adopting the Euro is Problematic
06:58 – What’s Next?
07:38 – Sponsored Content

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