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2024

Bulgaria's Euro Adoption & Its Potential Implications

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Bulgaria's plan to adopt the euro and become a member of the eurozone holds far-reaching implications, especially for the economy, political scene, and international relations; the Southeast European nation is looking to improve its economic conditions and become a recognised voice in the European Central Bank (ECB).

Bulgaria and the Euro

Bulgaria's currency, the Lev (BGN), is pegged to the euro at