EUROZONE AT LAST: Bulgaria Secures Full Membership, Euro Becomes Official Currency in 2026
Bulgaria has officially joined the eurozone and will adopt the euro as its national currency on January 1, 2026
The EU Council has announced that it has adopted changes to the Visa Code, which will improve the conditions for legal travelers and increase the opportunities for countering illegal migration, writes BTA.
The new rules will allow those wishing to visit the EU to apply within six months and no later than 15 days before the trip. Filling in and signing the application will also be possible online. A common approach is introduced to the issue of multiple-entry visas for regular passengers with a clear file, with the deadlines of these visas gradually increasing from one to five years. The price for a visa will increase to 80 euros.
The European Commission will continually assess cooperation with foreign countries, and when a country does not cooperate in the readmission of its citizens, the EC will propose to the EU Council to take appropriate action, including raising the cost of visas for those countries' citizens.
If a country cooperates, the EC will be able to offer a reduction in the price for visas, the time taken to decide on visa applications or extend the validity of multiple visas.
Bulgaria has officially joined the eurozone and will adopt the euro as its national currency on January 1, 2026
The European Parliament has given its approval for Bulgaria’s accession to the eurozone, marking a crucial milestone in the country’s integration into the common European currency area
The Eurogroup has confirmed the official conversion rate for Bulgaria’s planned adoption of the euro: one euro will be exchanged for 1.95583 leva
Tsvetelina Penkova, Bulgarian MEP from the Socialists and Democrats group and secretary for international affairs of the Bulgarian Socialist Party, discussed Bulgaria's European trajectory
The return of compulsory military service is once again at the center of political debate in Europe, driven by heightened security concerns following Russia’s invasion of Ukraine
Danish MEP Niels Fuglsang, representing the Progressive Alliance of Socialists and Democrats, described Bulgaria’s anticipated entry into the eurozone
Borderless Bulgaria: How Schengen Benefits Are Transforming Trade and Logistics
Bulgaria's Mortality Rate Remains Highest in Europe