Bulgaria adopts the euro as its currency

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Bulgaria adopts the euro as its currency
Photo: Valentina Petrova/AP

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Bulgaria is adopting the euro as its currency, almost 20 years after joining the EU. The transition from the Bulgarian lev took place at midnight on Wednesday.

Several of the country's governments have advocated joining the euro, hoping it will stimulate the economy. Bulgaria is the EU's poorest member state.

But there is concern among Bulgarians that the introduction could lead to higher prices and greater political instability in the country.

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TT News AgencyT
By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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