Bulgarian Government updates Euro adoption plan ahead of 2026 entry

On July 2, 2025, Bulgaria adopted an updated National Plan for the Introduction of the Euro, reaffirming its target to join the euro area on January 1, 2026. The revision reflects recent technical progress, institutional coordination, and alignment with EU convergence reports confirming Bulgaria’s readiness for euro adoption.

On July 2, 2025, the Government of Bulgaria officially adopted an updated version of its National Plan for the Introduction of the Euro, all in order to join the euro area on January 1, 2026.

The revision adjusts key timelines and strategic texts to reflect newly emerged circumstances and the country's technical progress in preparing for euro adoption. It follows the June 18 amendment to the Council of Ministers Decision No. 168/2015, which oversees Bulgaria’s eurozone preparations through a Coordination Council chaired by the Minister of Finance and the Governor of the Bulgarian National Bank.

The changes also align with recent convergence reports from the European Commission and the European Central Bank, both confirming that Bulgaria meets the criteria necessary for eurozone membership at the start of 2026.

 The National Plan acts as a blueprint for the transition, detailing the roles of institutions, strategic activities, and collaborative mechanisms required to ensure a smooth switch from the Bulgarian lev to the euro.