Starting today, January 1, 2026, Bulgaria has officially switched to the euro, becoming the 21st member of the eurozone.
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At midnight, with the arrival of the new year, Bulgaria, which joined the EU in 2007, abandoned the lev, the national currency in use since the end of the 19th century, in the hope of strengthening its economic ties with other members of the eurozone, but also out of fear of rising prices in an unstable political context. However, many Bulgarians fear that the introduction of the euro will lead to an inflationary spiral, given that food prices have already increased by 5% in November compared to the same period last year.
Payments in lev will continue to be accepted throughout January, which poses a challenge for merchants, who will have to give change in euros.
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